Insight Report 3 minutes PremiumLululemon (LULU) 2Q16 RESULTS: EPS IN-LINE; OUTLOOK UPDATED Coresight Research September 6, 2016 Executive Summary Lululemon reported adjusted 2Q16 EPS of $0.38, in line with the consensus estimate and up 11.8% year over year. Revenues were $514.5 million, up 13.6% year over year and slightly below the consensus estimate of $515.8 million. The company saw strength in tops, particularly its bras and tank tops which grew 13% and 3% respectively year-over-year. For fiscal year 2016, Lululemon expects net revenue to be in the range of $2.325 billion to $2.350 billion based on comparable sales in the mid-single digits, above the consensus estimate, and EPS guidance is $2.11 to $2.19, above the $1.89 consensus estimate. This report is for paying subscribers only. Already a paying subscriber? Please log in to see the entire report.If you wish to learn more about our subscription plans and become a paying subscriber, click here. This document was generated for Other research you may be interested in: US Home and Home Improvement—Retail 2024 Sector Outlook: Sales To Marginally RecoverEarnings Insights 1Q23, Week 2: Colgate-Palmolive, CVS, Floor & Decor, L’Oréal and Sprouts Farmers Market Post Strong Results; Carter’s, Estée Lauder, Hanesbrands and Wayfair Sales DeclineRetail Innovation in China: Insights Presented at Shoptalk 2024E-Commerce Outlook: US Department Stores—Digital Slows as Consumers Shop in Stores
