VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Lululemon Athletica Inc. (LULU) on Thursday reported fiscal second-quarter net income of $370.9 million.
On a per-share basis, the Vancouver, British Columbia-based company said it had profit of $3.10.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $2.84 per share.
The athletic apparel maker posted revenue of $2.53 billion in the period, meeting Street forecasts.
For the current quarter ending in October, Lululemon said it expects revenue in the range of $2.47 billion to $2.5 billion.
The company expects full-year earnings to be $12.77 to $12.97 per share, with revenue ranging from $10.85 billion to $11 billion.
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