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lululemon CEO pleased with growing sales momentum

29 Mar '10
4 min read

Updated Outlook

For the first quarter of fiscal 2010, we expect net revenue to be in the range of $125 million to $130 million based on a comparable-store sales increase in the upper 20% range on a constant-dollar basis. Diluted earnings per share are expected to be in the range of $0.18 to $0.20 for the quarter. This assumes a tax rate of 35% and 71.7 million diluted weighted-average shares outstanding.

For fiscal 2010, we expect net revenue to be in the range of $570 million to $585 million and diluted earnings per share are expected to be in the range of $1.00 to $1.05 for the full year. This assumes a tax rate of 35% and 72.5 million diluted weighted-average shares outstanding.

lululemon athletica inc

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