Data-driven insights that help companies navigate the changing retail and technology landscape. LEARN MORE
Company Earnings Update

Lululemon (NASDAQ: LULU) 1Q19 Results: Company Beats Expectations, Raises Guidance and Expands BOPIS Offering

#
Coresight Research

Key Points

  • Lululemon’s 1Q19 revenues grew 20.4% year over year to $782.3 million, beating the StreetAccount estimate of $756.1 million. The company reported 1Q19 EPS of $0.74, up 34.5% from the year-ago period, ahead of the consensus estimate of $0.70.
  • For the first quarter, the company saw consolidated comparable sales growth of 16% on a constant-dollar basis, compared to the consensus estimate of 11.5%, and beating the company’s guidance of low-double digits.
  • For FY19, the company raised guidance and now expects revenues of $3.73-3.77 billion and EPS of $4.51-4.58, versus the prior guidance of $3.70-3.74 billion in revenues and EPS of $4.48-4.55.

Please Log In to read the full report. Not a member? Register for a free user account.

Other research you may be interested in:

×