Lululemon Athletica Inc. (LULU) released earnings for its first quarter that increased from the same period last year in line with the Street estimates.
The company's earnings came in at $190.00 million, or $1.48 per share. This compares with $144.96 million, or $1.11 per share, in last year's first quarter.
Analysts on average had expected the company to earn $1.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 30.9% to $1.61 billion from $1.23 billion last year.
Lululemon Athletica Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $190.00 Mln. vs. $144.96 Mln. last year.
-EPS (Q1): $1.48 vs. $1.11 last year.
-Analyst Estimate: $1.43
-Revenue (Q1): $1.61 Bln vs. $1.23 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.82 - $1.87
Next quarter revenue guidance: $1.750 - $1.775 Bln
Full year EPS guidance: $9.35 - $9.50
Full year revenue guidance: $7.610 - $7.710 Bln
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