lululemon athletica (LULU) Tops Q1 EPS by 9c, Revenue Beats, Updates Guidance

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lululemon athletica inc. Announces First Quarter Fiscal 2018 Results

May 31, 2018 4:05 PM EDT

Revenue up 25% to $650 million

Comparable sales increase 20%, or 19% on a constant dollar basis

Diluted EPS of $0.55 for the first quarter

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the first quarter ended April 29, 2018.

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 $17.7 million in the first quarter of fiscal 2017. The adjusted financial measures for the... More