Home / Knowledge / News / Apparel/Garments / Lululemon Athletica Q3FY17 net revenue grows 13%
Lululemon Athletica Q3FY17 net revenue grows 13%
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

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Customised t-shirts is not a fad

Asim Dalal, Indo Count Retail Ventures

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Larry Fontana,

Larry Fontana

Italy-based Lafer SpA is one of the most innovative surface finishing...

Erwin Devloo,

Erwin Devloo

Picanol develops, produces and markets high-tech weaving machines, based...

Shyam Gupta & Ravi Gupta,

Shyam Gupta & Ravi Gupta

Based out of South Delhi, Gargee Designer's provides bespoke formal and...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

November 2019

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

Follow us on instagram


Follow Fibre2Fashion On

Advanced Search