lululemon athletica (LULU) Tops Q3 EPS by 4c, Comps Increase 8%, Offers Q4 Guidance

Go back to lululemon athletica (LULU) Tops Q3 EPS by 4c, Comps Increase 8%, Offers Q4 Guidance

lululemon athletica inc. Announces Third Quarter Fiscal 2017 Results

December 6, 2017 4:05 PM EST

Board of Directors Authorizes $200 Million Stock Repurchase Program

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the third quarter ended October 29, 2017.

The Company reported diluted earnings per share of $0.43 for the third 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 $0.56.

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... More