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Lululemon Athletica Inc (LULU.O)

LULU.O on Nasdaq

55.37USD
23 Jun 2017
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$1.12 (+2.06%)
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Latest Key Developments (Source: Significant Developments)

Lululemon sees FY 2017 adj EPS $2.28 to $2.38 excluding items
Thursday, 1 Jun 2017 04:05pm EDT 

June 1 (Reuters) - Lululemon Athletica Inc :Lululemon athletica inc. Announces first quarter fiscal 2017 results and plan to restructure its ivivva operations.Q1 adjusted earnings per share $0.32 excluding items.Q1 earnings per share $0.23.Sees q2 2017 revenue $565 million to $570 million.Sees fy 2017 revenue $2.53 billion to $2.58 billion.Q1 revenue $520.3 million versus i/b/e/s view $514.1 million.Sees q2 2017 adjusted earnings per share $0.33 to $0.35 excluding items.Sees fy 2017 adjusted earnings per share $2.28 to $2.38 excluding items.Sees fy 2017 earnings per share $1.97 to $2.07.Sees q2 2017 earnings per share $0.13 to $0.15.Qtrly total comparable sales decreased 1%, or decreased by 1% on a constant dollar basis..Q1 earnings per share view $0.27 -- Thomson Reuters I/B/E/S.Qtrly direct to consumer net revenue was flat, and was flat on a constant dollar basis..Lululemon athletica inc sees q2 total comparable sales increase in low-to-mid single digits on a constant dollar basis.Lululemon athletica inc sees fy total comparable sales increase in low-single digits on a constant dollar basis.Lululemon athletica inc- inventories at end of q1 of fiscal 2017 increased by 6% to $303.9 million compared to $286.2 million at end of q1 of fiscal 2016.Lululemon athletica-in connection with restructuring of ivivva operations, expect to recognize total pre-tax costs of between $50.0 million and $60.0 million in fy 2017.  Full Article

Glenn Murphy joins Lululemon Athletica board of directors
Friday, 7 Apr 2017 04:30pm EDT 

Lululemon Athletica Inc - : Glenn Murphy joins Lululemon Athletica board of directors . Glenn Murphy appointed to company's board of directors as co-chairman, effective immediately . Michael Casey will be stepping down from role of co-chairman, and remain a director .Casey will also continue to chair compensation committee and will remain on audit committee.  Full Article

Lululemon Athletica reports Q4 EPS $0.99
Wednesday, 29 Mar 2017 04:05pm EDT 

Lululemon Athletica Inc - : Announces fourth quarter and full year fiscal 2016 results . Q4 earnings per share $0.99 . Sees q1 2017 revenue $510 million to $515 million . Sees fy 2017 revenue $2.55 billion to $2.6 billion . Q4 revenue $789.9 million versus I/B/E/S view $783.5 million . Q4 earnings per share view $1.01 -- Thomson Reuters I/B/E/S . Sees q1 2017 earnings per share $0.25 to $0.27 . Sees fy 2017 earnings per share $2.26 to $2.36 . Q4 adjusted earnings per share $1.00 . Sees q1 total comparable sales decrease in low-single digits on a constant dollar basis . Inventories at end of fiscal 2016 increased by 5% to $298.4 million compared to $284.0 million at end of fiscal 2015 . Sees fy total comparable sales increase in low-single digits on a constant dollar basis . Qtrly total comparable sales, which includes comparable store sales, direct to consumer, increased 8%, or by 7% on constant dollar basis .Qtrly direct to consumer net revenue increased 12% to $164.3 million, or by 12% on a constant dollar basis.  Full Article

Lululemon Athletica Inc. updates guidance for fourth quarter of fiscal 2016
Monday, 9 Jan 2017 06:00am EST 

Lululemon Athletica Inc : Lululemon Athletica Inc. Updates guidance for fourth quarter of fiscal 2016 ahead of presentation at the icr conference . Sees Q4 earnings per share $0.99 to $1.01 . Sees Q4 revenue $775 million to $785 million . Sees Q4 total comparable sales increase in mid-single digits on a constant dollar basis .Q4 earnings per share view $1.00, revenue view $781.8 million -- Thomson Reuters I/B/E/S.  Full Article

Lululemon Athletica reports Q3 EPS $0.50
Wednesday, 7 Dec 2016 04:05pm EST 

Lululemon Athletica Inc : Sees 2016 total comparable sales in mid-single digits on a constant dollar basis. . Q4 earnings per share view $1.01, revenue view $786.7 million -- Thomson Reuters I/B/E/S . Says comparable store sales increased by 4 pct. . Says inventories at end of Q3 of fiscal 2016 increased by 2 pct to $364.5 million compared to $357.8 million at end of Q3 of fiscal 2015 . Qtrly direct to consumer net revenue increased by 16 pct to $104.0 million . Announces third quarter fiscal 2016 results; board of directors authorizes $100 million stock repurchase program . Q3 earnings per share $0.50 . Sees Q4 2016 revenue $765 million to $785 million . Sees FY 2016 revenue $2.32 billion to $2.34 billion . Q3 revenue $544.4 million versus I/B/E/S view $540 million . Q3 earnings per share view $0.43 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $2.18 to $2.23 . Sees Q4 2016 earnings per share $0.96 to $1.01 .Q3 adjusted earnings per share $0.47.  Full Article

Lululemon athletica's Rhoda Pitcher resigns from position as member of Board of Directors
Tuesday, 9 Aug 2016 08:28am EDT 

Lululemon Athletica Inc :On August 3, 2016, Rhoda Pitcher resigned from her position as a member of our Board of Directors - SEC filing.  Full Article

Lululemon files for potential mixed shelf offering
Friday, 15 Jul 2016 04:57pm EDT 

Lululemon Athletica Inc :Lululemon Athletica Inc files for potential mixed shelf offering; size not disclosed - SEC filing.  Full Article

Lululemon Athletica Q1 earnings per share $0.33
Wednesday, 8 Jun 2016 06:00am EDT 

Lululemon Athletica Inc : Lululemon Athletica Inc qtrly comparable store sales increased by 3% . Lululemon Athletica Inc says Q1 direct to consumer net revenue increased by 17% to $97.6 million, or by 18% on a constant dollar basis . Lululemon Athletica Inc Sees Q2 Total Comparable Sales In Mid Single digits on a constant dollar basis . Lululemon Athletica Inc sees Q2 diluted earnings per share are expected to be in range of $0.36 to $0.38 . Lululemon Athletica Inc sees FY earnings per share $2.05 to $2.15 normalized for tax and related interest adjustments made during Q1 of fiscal 2016 . Inventories at end of q1 of fiscal 2016 increased by 21% to $286.2 million . Q2 earnings per share view $0.39, revenue view $513.9 million -- Thomson Reuters I/B/E/S . Fy2016 earnings per share view $1.82, revenue view $2.05 billion -- Thomson Reuters I/B/E/S . Lululemon Athletica Inc. Announces first quarter fiscal 2016 results . Q1 earnings per share $0.33 . Sees Q2 2016 revenue $505 million to $515 million . Sees FY 2016 revenue $2.305 billion to $2.345 billion . Q1 earnings per share view $0.31 -- Thomson Reuters I/B/E/S . Sees FY 2016 earnings per share $2.08 to $2.18 . Sees Q2 2016 earnings per share $0.36 to $0.38 . Q1 adjusted earnings per share $0.30 .Q1 revenue $495.5 million versus i/b/e/s view $487.7 million.  Full Article

lululemon athletica inc gives Q1, FY 2016 guidance
Wednesday, 30 Mar 2016 06:00am EDT 

lululemon athletica inc:Expects Q1 2016 net revenue to be in the range of $483 million to $488 million based on a total comparable sales increase in the mid-single digits on a constant dollar basis.Expects Q1 2016 diluted earnings per share (EPS) to be in the range of $0.28 to $0.30.Expects FY 2016 net revenue to be in the range of $2.285 billion to $2.335 billion based on a total comparable sales increase in the mid-single digits on a constant dollar basis.Expects FY 2016 diluted earnings per share to be in the range of $2.05 to $2.15.  Full Article

lululemon athletica inc - Kit and Ace, Lululemon founder's new venture, fires 10 pct of HQ staff - Reuters
Monday, 22 Feb 2016 12:34am EST 

lululemon athletica inc:Kit and Ace, the retail start-up launched by Lululemon Athletica Inc founder Chip Wilson's family, has laid off roughly 10 percent of staff at its Vancouver headquarters, as the closely-held company slows its rapid pace of expansion. - RTRS.The layoffs, which impact about 35 people, come as the luxury casual wear-maker shifts focus from opening dozens of new stores to brand building and expanding its product lines."Like other tech start-ups, we are in a constant pursuit of learning, improving and adjusting our strategy," chief executive Paul Wilson said in an emailed statement on Sunday.Launched by Chip Wilson's wife and son in 2014, Kit and Ace went from a single shop in Vancouver to 61 locations across the globe in less than two years. But its rapid pace of growth is set to slow this year, with plans for just 10 new shops.Prior to the layoffs, Kit and Ace employed some 600 people, most of them in Vancouver. There are still multiple jobs listed on its website, including positions in Canada for designers and e-commerce staff.  Full Article

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Lululemon to close Ivivva stores during online push, profit beats

TORONTO Athletic apparel maker Lululemon Athletica Inc on Thursday said it would close most of its money-losing Ivivva girls stores and boost investment in its online business as it reported quarterly profit that beat analysts' forecasts.