Lululemon Athletica Inc. (LULU) reported first quarter EPS of $0.32 after the bell Monday, which was flat with the prior year result. The consensus estimate was for EPS of $0.30. The company expects to report second quarter EPS of $0.33 to $0.35 and full year 2013 EPS of $1.96 to $2.01. The consensus estimates are for EPS of $0.33 and $1.99.
The company also announced that Christine Day will step down as the Company's Chief Executive Officer when a successor is named. The stock is now down 7.82 on 832K shares.
Lululemon Athletica climbed around mid-morning Monday and finished up by 0.85 at $82.28. The stock closed challenging the upper end of a 1-month range at the highs of the year.
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