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Lululemon Athletica Inc. Profit Drops In Q2, But Beats Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Lululemon Athletica Inc. (LULU) announced earnings for second quarter that Dropped, from the same period last year but beat the Street estimates.

The company's earnings came in at $370.91 million, or $3.10 per share. This compares with $392.92 million, or $3.15 per share, last year.

Analysts on average had expected the company to earn $2.85 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 6.5% to $2.525 billion from $2.371 billion last year.

Lululemon Athletica Inc. earnings at a glance (GAAP) :

-Earnings: $370.91 Mln. vs. $392.92 Mln. last year.
-EPS: $3.10 vs. $3.15 last year.
-Revenue: $2.525 Bln vs. $2.371 Bln last year.

-Guidance:
Next quarter EPS guidance: $2.18 - $2.23
Next quarter revenue guidance: $2.470 - $2.500 Bln
Full year EPS guidance: $12.77 - $12.97
Full year revenue guidance: $10.850-$11.000 Bln

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