Lululemon Athletica (LULU $54.81 -2.78) reported second quarter earnings of $0.26 per share, $0.04 better than the Capital IQ Consensus Estimate of $0.22.
Revenues rose 39.5% year/year to $212.3 million versus the $205.6 million consensus. The company reported comps +20% in constant dollars.
The company issued in-line guidance for the third quarter with EPS of $0.22-0.24 versus the $0.24 consensus and revenues of $225-230 million versus the $229.18 million consensus, with comps increasing low to mid teens in constant dollars.
The company issued guidance for fiscal year 2012 with EPS to $1.10-1.14 from $1.05-1.08 versus the $1.09 consensus and raises fiscal year 2012 revenues to $930-950 million from $915-930 million versus the $939.70 million consensus.






