lululemon athletica (LULU) Tops Q3 EPS by 1c; Trims FY15 Outlook

lululemon athletica (NASDAQ: LULU) reported Q3 EPS of $0.38, $0.01 better than the analyst estimate of $0.37. Revenue for the quarter came in at $479.7 million versus the consensus estimate of $481.78 million.

Total comparable sales, which includes comparable store sales and direct to consumer, increased by 9% for the third quarter on a constant dollar basis.

GUIDANCE:

lululemon athletica sees Q4 2015 EPS of $0.75-$0.78, versus the consensus of $0.86. lululemon athletica sees Q4 2015 revenue of $670-685 million, versus the consensus of $690.0 million.

lululemon athletica sees FY2015 EPS of $1.78-$1.81, versus the consensus of $1.90. lululemon athletica sees FY2015 revenue of $2.025-2.040 billion, versus the consensus of $2.05 billion.

NOTE: The company was previously looking for FY15 EPS of $1.87 - $1.92 and revenue of $2.025 - $2.055 billion.

For earnings history and earnings-related data on lululemon athletica (LULU) click here.

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