$LULU (Lululemon Athletica Inc.)

$LULU {{ '2016-06-08T13:56:48+0000' | timeago}} • Webcast

$LULU, which competes with $NKE and $GPS, said it expects to open up to 40 company-operated stores in 2016, slightly lower than its prior estimates, due to timing shifts in selected openings. This includes 11 new stores internationally and 12 ivivva stores and represents a square footage increase of approx. 12%.

$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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