VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lululemon Athletica Inc. (LULU) on Thursday reported fiscal second-quarter earnings of $392.9 million.
The Vancouver, British Columbia-based company said it had net income of $3.15 per share.
The results beat Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $2.92 per share.
The athletic apparel maker posted revenue of $2.37 billion in the period, missing Street forecasts. Thirteen analysts surveyed by Zacks expected $2.4 billion.
For the current quarter ending in October, Lululemon said it expects revenue in the range of $2.34 billion to $2.37 billion.
The company expects full-year earnings to be $13.95 to $14.15 per share, with revenue ranging from $10.38 billion to $10.48 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LULU at https://www.zacks.com/ap/LULU
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