lululemon athletica (LULU) reported earnings Wed 30 March 2016 (b/o)

** charts before earnings **

** charts after earnings **

lululemon athletica beats by $0.05, beats on revs; guides Q1 EPS below consensus, revs in-line; guides FY17 EPS below consensus, revs in-line; Q4 comps +11% :

• Reports Q4 (Jan) earnings of $0.85 per share, $0.05 better than the Capital IQ Consensus of $0.80; revenues rose 16.9% year/year to $704.3 mln vs the $693.83 mln Capital IQ Consensus. LULU reports Q4 total comps of +11% vs +high single digits prior guidance and +8% estimate. 
• Co issues guidance for Q1, sees EPS of $0.28-0.30 vs. $0.37 Capital IQ Consensus Estimate; sees Q1 revs of $483-488 mln vs. $484.73 mln Capital IQ Consensus Estimate.  LULU sees Q1 total comparable store sales mid single digits on a constant dollar basis vs +7% estimate
• Co issues guidance for FY17, sees EPS of $2.05-2.15 vs. $2.16 Capital IQ Consensus Estimate; sees FY17 revs of $2.285-2.335 bln vs. $2.33 bln Capital IQ Consensus Estimate. LULU sees fiscal 2016 (FY17) total comparable store sales increase in the mid-single digits on a constant dollar basis vs +6% estimate.