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: March 2023 Leading Indicators of US Retail Sales: Mid-Single-Digit Growth Amid Growing Consumer SentimentThe Metaverse Is Not Dead: Defying the Rumors of Its DemiseUS Retail Loyalty Programs: Decoding Consumer Behavior To Build Lasting RelationshipsUS Apparel and Beauty Spending Tracker, September 2023: Clothing and Footwear Growth Softens Substantially, While Beauty Growth Remains Resilient