01.09.2016 22:24:01
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Lululemon Athletica Inc. Bottom Line Climbs 13% In Q2
(RTTNews) - Lululemon Athletica Inc. (LULU) revealed earnings for its second quarter that gained ground from last year.
The company said its bottom line came in at $53.63 million, or $0.38 per share. This was up from $47.67 million, or $0.34 per share, in last year's second quarter.
Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 13.6% to $514.52 million. This was up from $453.01 million last year.
Lululemon Athletica Inc. earnings at a glance:
-Earnings (Q2): $53.63 Mln. vs. $47.67 Mln. last year. -Earnings Growth (Y-o-Y): 12.5% -EPS (Q2): $0.38 vs. $0.34 last year. -EPS Growth (Y-o-Y): 11.8% -Analysts Estimate: $0.38 -Revenue (Q2): $514.52 Mln vs. $453.01 Mln last year. -Revenue Change (Y-o-Y): 13.6%
-Guidance: Next quarter EPS guidance: $0.42 - $0.44 Next quarter revenue guidance: $535 - $545 Mln Full year EPS guidance: $2.07 - $2.15 Full year revenue guidance: $2.325 - $2.350 Bln
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