Net income fell 12% to $119,761,000 from $136,135,000 for the final quarter ended Jan. 28 after a $52.3 million hit from the tax reform act as revenue jumped 18% to $928,802,000 against $789,940,000 on a 2% comp gain in the retail stores and a 44% increase in its digital business. Adjusted for the impact of the tax act and about a $1 million charge for the ivivva restructuring, net income would have been $180,058,000 compared to $136,506,000, up 32%. The lulunatics also said the momentum carried over to Q1 when it expects to see sales hit $612-617 million with a ... Log in to view full article.