lululemon athletica (LULU) Tops Q2 EPS by 4c, FY Guidance Tops Views

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lululemon athletica inc. Announces Second Quarter Fiscal 2017 Results

August 31, 2017 4:05 PM EDT

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the second quarter ended July 30, 2017.

The Company reported diluted earnings per share of $0.36 for the second quarter of fiscal 2017. Excluding the impact of the ivivva restructuring that was announced on June 1, 2017, the Company reported adjusted diluted earnings per share of $0.39.

The summary below provides both GAAP and adjusted non-GAAP financial measures. In connection with the restructuring of its ivivva operations, the Company recognized pre-tax costs totaling $5.4 million in the second quarter of fiscal 2017. The adjusted financial... More