$LULU (Lululemon Athletica Inc.)

$LULU {{ '2016-06-08T13:17:46+0000' | timeago}} • Webcast

Vancouver, British Columbia-based $LULU said it experienced continued momentum in 1Q16 that was the result of comp sales increases and gross margin improvements that exceeded its projections. The company added that it saw inventory levels get in line with its sales trend, while exceeding gross margin expectations.

$LULU {{ '2017-06-01T21:12:00+0000' | timeago}} • Infographic

$LULU Lululemon Athletica Earnings AlphaGraphic: Q1 2017 Highlights

$LULU {{ '2017-06-01T20:31:28+0000' | timeago}} • Announcement

In connection with the restructuring of the "ivivva" operations, $LULU expects to recognize total pre-tax costs of $50-60MM in FY17. For the year, the retailer sees net revenue of $2.53-2.58Bil, with diluted EPS of $1.97-2.07. For 2Q17, revenue is expected to be $565 -570MM, with diluted EPS of $0.13-0.15.

$LULU {{ '2017-06-01T20:28:13+0000' | timeago}} • Announcement

As $LULU's posted 1Q17 results, the retailer also announced a restructuring plan. $LULU plans to close approx. 40 "ivivva" branded stores and to convert about half of the remaining stores to "lululemon" stores. The Canadian chain recognized pre-tax costs totaling $17.7MM in the quarter, while anticipating the restructuring to be complete by 3Q17.

$LULU {{ '2017-06-01T20:23:21+0000' | timeago}} • Announcement

Even as $LULU's net revenue hiked 5% to $520.3MM in 1Q17, net profit of the Canadian athletic apparel retailer slumped 31% to $31.2MM or $0.23 per diluted share. Operating margin fell 290 basis points to 8.7%, while gross margin grew 110 basis points at 49.4%. Total comparable sales slipped 1% and comparable store sales declined 2% in the quarter.

$LULU {{ '2017-03-29T21:06:09+0000' | timeago}} • Infographic

$LULU Lululemon Athletica Earnings AlphaGraphics: Q4 2016 highlights

$LULU {{ '2017-03-29T20:20:59+0000' | timeago}} • Announcement

$LULU expects 2017 net revenue in the range of $2.55-2.60Bil and EPS in the range of $2.26-2.36. The revenue outlook is based on total comparable sales increase in the low-single digits on a constant dollar basis. This guidance assumes 137.5MM diluted weighted-average shares outstanding and a 31.2% tax rate.

$LULU {{ '2017-03-29T20:19:46+0000' | timeago}} • Announcement

$LULU expects 1Q17 net revenue in the range of $510-515MM and EPS in the range of $0.25-0.27. The revenue outlook is based on total comparable sales decrease in the low-single digits on a constant dollar basis. This guidance assumes 137.3MM diluted weighted-average shares outstanding and a 31.2% tax rate.

$LULU {{ '2017-03-29T20:17:57+0000' | timeago}} • Announcement

$LULU reported a rise in earnings for 4Q16 driven by higher revenue. Net income rose to $136.14MM or $0.99 per share from $117.42MM or $0.85 per share last year. Revenue grew to $789.94MM from $704.28MM. Excluding tax and related interest adjustments, EPS increased to $1.00 from $0.85. Comparable sales rose 8%, or by 7% on constant dollar basis.

$LULU {{ '2016-12-07T23:10:55+0000' | timeago}} • Webcast

$LULU sees its men’s business growing around 25% of the total in penetration by 2020. This implies a faster growth pace for men’s. The company sees a lot of opportunity in this business. $LULU posted double digit comps in women’s pants in 3Q16. The company is seeing strong momentum in women’s pants into 4Q16.

$LULU {{ '2016-12-07T23:01:04+0000' | timeago}} • Webcast

$LULU said 3Q16 exceeded expectations in terms of gross margin recovery. The company is pleased to be on track for this level of gross margin recovery. $LULU believes that beyond the middle of 2017, it will see modest improvements and this connects to the broader 5-year goal of achieving a $4Bil business by 2020.

$LULU {{ '2016-12-07T22:36:55+0000' | timeago}} • Webcast

In 3Q16, $LULU’s comparable store sales grew by 4% and direct to consumer net revenue grew by 16%. The company grew total square footage by 11% vs. last year driven by the addition of 35 net new company-operated stores since 3Q15 – 14 new stores in US, 2 in Canada, 4 in Europe, 3 in Asia, 13 ivivva stores, offset by 1 store closure in Australia.

$LULU {{ '2016-12-07T22:22:14+0000' | timeago}} • Infographic

$LULU Lululemon Athletica Earnings AlphaGraph: Q3 2016 Highlights

$LULU {{ '2016-12-07T22:21:43+0000' | timeago}} • Webcast

In December, $LULU will open its first three stores in China, two in Shanghai and one in Beijing. The company is planning to open 2-3 additional stores in Shanghai in 2017. In Europe, $LULU will open its international flagship store in London mid-January 2017.

$LULU {{ '2016-12-07T22:09:11+0000' | timeago}} • Webcast

In 3Q16, $LULU delivered a mid single digit comp in both tops and bottoms within the women’s category, with the bra revenue growing more than 20%. In the men’s category, the company delivered another mid-teens comp in 3Q16, consistent with the momentum from 1H16. $LULU continues to see strong performance with its key franchises.

$LULU {{ '2016-12-07T21:40:18+0000' | timeago}} • Announcement

For 4Q16, $LULU expects net revenue to be $765-785MM based on total comparable sales in the mid-single digits on a constant dollar basis. Diluted EPS is expected to be $0.96-1.01. $LULU expects FY16 net revenue of $2.32-2.34Bil based on total comparable sales in mid-single digits on a constant dollar basis. Diluted EPS is expected to be $2.18-2.23.

$LULU {{ '2016-12-07T21:34:16+0000' | timeago}} • Announcement

$LULU ended 3Q16 with $480.4MM in cash and cash equivalents. The company also announced that its board of directors has approved a stock repurchase program for up to $100MM of its common shares in the open market at prevailing market prices.

$LULU {{ '2016-12-07T21:32:32+0000' | timeago}} • Announcement

Athletic apparel retailer $LULU reported an increase in 3Q16 earnings. Net income was $68.2MM or $0.50 per share compared to $53.1MM or $0.38 per share in 3Q15. Net revenue increased by 13% to $544.4MM from last year. Total comparable sales, which includes comparable store sales and direct to consumer, increased by 7%.

$LULU {{ '2016-09-01T20:50:52+0000' | timeago}} • Infographic

$LULU Lululemon Athletica Earnings Infographic: Q2 2016 Highlights

$LULU {{ '2016-09-01T20:25:32+0000' | timeago}} • Announcement

$LULU's total comparable sales, which includes comparable store sales and direct to consumer, for 2Q16 increased by 4%, or by 5% on a constant dollar basis. Comparable store sales increased by 3%, or by 4% on a constant dollar basis.

$LULU {{ '2016-09-01T20:24:25+0000' | timeago}} • Announcement

$LULU raised its FY16 net revenue outlook to $2.325-2.35Bil from prior estimate of $2.305-2.345Bil. The revised revenue forecast is based on total comparable sales in mid-single digits on a constant dollar basis. $LULU lifted EPS guidance to $2.11-2.19 from prior range of 2.08-2.18 and adjusted EPS forecast to $2.07-2.15 from 2.05-2.15.

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