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Lululemon Athletica Inc. Q2 adjusted earnings Beat Estimates

Lululemon Athletica Inc. (LULU) reported a profit for its second quarter that climbed from last year.

The company's earnings came in at $208.07 million, or $1.59 per share. This compares with $86.80 million, or $0.66 per share, in last year's second quarter.

Excluding items, Lululemon Athletica Inc. reported adjusted earnings of $215.78 million or $1.65 per share for the period.

Analysts had expected the company to earn $1.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 61.1% to $1.45 billion from $0.90 billion last year.

Lululemon Athletica Inc. earnings at a glance:

-Earnings (Q2): $215.78 Mln. vs. $96.30 Mln. last year.
-EPS (Q2): $1.65 vs. $0.74 last year.
-Analysts Estimate: $1.19
-Revenue (Q2): $1.45 Bln vs. $0.90 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.33 to $1.38.
Next quarter revenue guidance: $1.400 to $1.430 Bln
Full year EPS guidance: $7.38 to $7.48
Full year revenue guidance: $6.190 to $6.260 Bln

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