lululemon athletica (LULU) Tops Q1 EPS by 4c, Offers Q2 and FY Guidance

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Go back to lululemon athletica (LULU) Tops Q1 EPS by 4c, Offers Q2 and FY Guidance

lululemon athletica inc. Announces First Quarter Fiscal 2019 Results

June 12, 2019 4:05 PM EDT

Revenue up 20% to $782 million

Comparable sales increase 14%, or 16% on a constant dollar basis

Diluted EPS of $0.74 for the first quarter

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the first quarter of fiscal 2019.

For the first quarter ended May5, 2019:

Net revenue was $782.3 million, an increase of 20% compared to the first quarter of fiscal 2018. On a constant dollar basis, net revenue increased 22%. Based on a shifted calendar, total comparable sales increased 14%, or increased 16%... More