Reuters logo
Lululemon profit tops forecasts as online sales jump
August 31, 2017 / 8:26 PM / 3 months ago

Lululemon profit tops forecasts as online sales jump

TORONTO, Aug 31 (Reuters) - Canadian yogawear apparel maker Lululemon Athletica Inc reported a quarterly profit and revenue on Thursday that topped expectations, as same-store sales increased, particularly online.

The company reported earnings of $48.7 million, or 36 cents per share in the second quarter ended July 30. This exceeded the 35 cents per share analysts had forecast, according to Thomson Reuters I/B/E/S. Adjusted diluted earnings, which excluded the impact of its Ivivva restructuring costs, was 39 cents a share.

Revenue rose 13 percent to $581.1 million, topping the estimated $567.79 million analysts had predicted. (Reporting by Solarina Ho; Editing by Sandra Maler)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below