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: Shoptalk Europe 2024 Startup Pitch Competition: Preview—12 Innovators, Four Areas of Retail DisruptionConsumer Activity Patterns Show Variability: US Consumer Survey InsightsBed Bath & Beyond: Which Retailers Are Set To Capture Market Share?Shoptalk 2024 “Shark Reef” Startup Pitch Competition: Recap—12 Innovators, Two Winners