lululemon athletica Q3 net revenue up 34% to $87 mn
16 Dec '08
4 min read
For fiscal 2008, the Company now expects diluted earnings per share in the range of $0.55-$0.57 as compared to its previous range of $0.68-$0.71. Revised guidance for the full year includes net revenue between $340 million and $345 million and 35 planned new store openings in North America.
We continue to expect an average effective tax rate in the low 30% range for the full year and anticipate diluted weighted average shares outstanding of approximately 71 million for 2008. Fiscal 2008 earnings guidance includes a loss of $0.02.