Lululemon Athletica Inc (NASDAQ:LULU) reported financial results for the second quarter after the market close on Thursday. Here’s a rundown of the athletic apparel company’s report.
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Q2 Highlights: Lululemon reported second-quarter revenue of $2.53 billion, missing the consensus estimate of $2.54 billion, according to Benzinga Pro. The company reported second-quarter earnings of $3.10 per share, beating estimates of $2.90 per share.
Total revenue was up 7% on a year-over-year basis as Americas net revenue increased 1% and international revenue climbed 22%. Total comparable sales increased 1% year-over-year.
Lululemon’s total store count was 754 at quarter’s end after …