Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Lululemon net revenue up 25 per cent

For the first quarter of 2018 net revenue of Lululemon Athletica increased by 25 per cent compared to the same period the previous year. On a constant dollar basis, net revenue increased 23 per cent. Total comparable sales increased 20 per cent, 19 per cent on a constant dollar basis.

Lululemon Athletica is an athletic apparel company.

Inventories at the end of the first quarter of fiscal 2018 increased 23 per cent compared to the end of the first quarter of fiscal 2017.

The company ended the quarter with 411 stores.

For the second quarter of fiscal 2018, the company expects net revenue to be in the range of 660 million dollars to 665 million dollars based on a total comparable sales increase in the high single digits on a constant dollar basis. Diluted earnings per share are expected to be in the range of $0.46 to $0.48 for the quarter.

For the full fiscal 2018, net revenue is likely to be in the range of $3.040 billion to $3.075 billion based on a total comparable sales increase in the high single digits on a constant dollar basis. Diluted earnings per share are expected to be in the range of $3.10 to $3.18 for the full year.

 

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo