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Article Date: August 2018
Word Count: 823

Another Monster Quarter for Lululemon with 20% Comp


The Lulunatics nearly doubled net income to $95,770,000 from $48,711,000 for the quarter ended Jul. 29 and sales accelerated with a 25% gain to $723,500,000 from $581,054,000 that featured a 10% comp store gain in its brick-and-mortar stores and a 48% gain in its digital business that would have been a 66% gain excluding the impact of an online warehouse sale last year. Overall, digital hit $167 million, 23% of the total.

 

The EPS result of $0.71 blew past the consensus forecast of $0.49 and LULU raised guidance as well, propelling the stock up $11 past its all-time high of $137 ... Log in to view full article.

 


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