lululemon athletica inc. (LULU,LLL.TO) announced that raised its third-quarter earnings outlook to a range of $0.17 - $0.19 per share, from the previous range of $0.11 - $0.13 per share. The Company's improved guidance reflects stronger than anticipated net revenues for the quarter.
The Company now expects third-quarter net revenue to be in the range of $110 million to $112 million, compared to its previous range of $95 million to $100 million.
Analysts polled by Thomson Reuters expect the company to report earnings of $0.14 per share on revenues of $98.93 million for the third-quarter. Analysts' estimates typically exclude special items.
Comparable-store sales for the third quarter of fiscal 2009 are expected to reflect a high-single digit increase on a constant-dollar basis compared to the third quarter of fiscal 2008. This compares to the Company's previous guidance of relatively flat comparable store sales for the third quarter of fiscal 2009.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.