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Lululemon Athletica Inc. Q4 adjusted earnings Beat Estimates

Lululemon Athletica Inc. (LULU) released earnings for its fourth quarter that increased from the same period last year.

The company's bottom line came in at $329.84 million, or $2.52 per share. This compares with $298.02 million, or $2.28 per share, in last year's fourth quarter.

Excluding items, Lululemon Athletica Inc. reported adjusted earnings of $337.37 million or $2.58 per share for the period.

Analysts had expected the company to earn $2.49 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 23.6% to $1.73 billion from $1.40 billion last year.

Lululemon Athletica Inc. earnings at a glance:

-Earnings (Q4): $337.37 Mln. vs. . last year.
-Analysts Estimate: $2.49
-Revenue (Q4): $1.73 Bln vs. $1.40 Bln last year.

-Guidance:
Next quarter EPS guidance: $0.86 to $0.90
Next quarter revenue guidance: $1.10 - $1.13 Bln

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