Home / Knowledge / News / Apparel/Garments / Lululemon Athletica Q3FY17 net revenue grows 13%
Lululemon Athletica Q3FY17 net revenue grows 13%
09
Dec '16
Courtesy: Lululemon
Courtesy: Lululemon
Net revenue at athletic apparel marketer Lululemon Athletica grew 13 per cent to $544.4 million in the three months ended October 30, 2016 from $479.7 million in the prior fiscal's third quarter. Total comparable sales, which also includes comparable store sales and direct to consumer rose 7 per cent, while comparable store sales alone increased 4 per cent.

In the third quarter of fiscal 2017, gross profit drove up 24 per cent year on year to $278.4 million, and as a percentage of net revenue, gross profit margin stood at 51.1 per cent, up from 46.9 per cent in the earlier fiscal's same quarter.

Income from operations surged 36 per cent from a fiscal ago quarter to $93.0 million in the reporting quarter and as a percentage of net revenue was 17.1 per cent, also up against 14.2 per cent in the third quarter of last fiscal.

In the quarter under review, diluted earnings per share were $0.50 as against $0.38 in the comparable quarter of previous fiscal.

Excluding certain tax and related interest adjustments, diluted earnings per share amounted to $0.47 for the third quarter of fiscal 2017 vis-à-vis $0.35 in the same quarter of fiscal 2016. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 28th Nov 2020

3 Bangla RMG firms present energy efficiency action plans

Small energy efficiency working groups (SEEWGs) of three top tier...

Pic: Shutterstock

Textiles | On 28th Nov 2020

Pak PM asks ministries to help textile sector meet demand

Pakistani Prime Minister Imran Khan recently directed the commerce...

Pic: Shutterstock

Apparel/Garments | On 28th Nov 2020

Rwanda's garment-textile exports grow by 83% in 2 years

Rwanda's textile and garment sector grew 83 per cent in value between ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Social media critical in regeneration of businesses

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Stefan Warnaar, Peak to Plateau

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Himanshu Fogla,

Himanshu Fogla

Jumac, pioneers in spinning can manufacturing in India, was founded in...

Anurag Mohota,

Anurag Mohota

Located in the heart of cotton growing belt of India, Gimatex is a...

Neeraj Sharma,

Neeraj Sharma

Headquartered in Surat, Gujarat, Orange O supplies digital textile...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


November 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search