What Lululemon Athletica's Earnings Mean for Mutual Fund Investors (LULU)

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What Lululemon Athletica's Earnings Mean for Mutual Fund Investors (LULU)

lululemon athletica logo
Lululemon Athletica (LULU) released its third quarter financial results before the opening bell on Thursday. Although the company reported lower profits, it boosted its outlook for the year.

Inside LULU’s Results

Earnings

The company’s net income fell to $60.45 million, or 42 cents per share, from $66.11 million, or 45 cents per share, last year. On average, analysts expected to see earnings of 38 cents per share.

Revenue
Revenue rose 10% to $419.4 million from last year’s $379.9 million. Analysts expected to see revenue of $424.77 million.

Outlook
Looking ahead to Q4, the company expects to see earnings between 65 cents and 69 cents per share, and revenue between $570 million and $585 million. Analysts expect to see 72 cents per share in earnings and $593.54 million in revenue.

For FY2014, the company expects to see earnings between $1.53 and $1.57 per share and normalized earnings between $1.74 and $1.78 per share. Analysts expect to see earnings of $1.77 per share.

Mutual Funds to Watch

Investors seeking exposure to LULU without purchasing the individual stock may want to consider one of the mutual funds below. These mutual funds currently hold the largest stakes in the company.

The Bottom Line

The funds above are a great way for investors to gain exposure to a diverse bundle of securities and industries. Investors interested in LULU may also be interested in Express (EXPR) and The Gap (GPS).

Shares of LULU are down 12% YTD.


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lululemon athletica logo

What Lululemon Athletica's Earnings Mean for Mutual Fund Investors (LULU)

Lululemon Athletica (LULU) released its third quarter financial results before the opening bell on Thursday. Although the company reported lower profits, it boosted its outlook for the year.

Inside LULU’s Results

Earnings

The company’s net income fell to $60.45 million, or 42 cents per share, from $66.11 million, or 45 cents per share, last year. On average, analysts expected to see earnings of 38 cents per share.

Revenue
Revenue rose 10% to $419.4 million from last year’s $379.9 million. Analysts expected to see revenue of $424.77 million.

Outlook
Looking ahead to Q4, the company expects to see earnings between 65 cents and 69 cents per share, and revenue between $570 million and $585 million. Analysts expect to see 72 cents per share in earnings and $593.54 million in revenue.

For FY2014, the company expects to see earnings between $1.53 and $1.57 per share and normalized earnings between $1.74 and $1.78 per share. Analysts expect to see earnings of $1.77 per share.

Mutual Funds to Watch

Investors seeking exposure to LULU without purchasing the individual stock may want to consider one of the mutual funds below. These mutual funds currently hold the largest stakes in the company.

The Bottom Line

The funds above are a great way for investors to gain exposure to a diverse bundle of securities and industries. Investors interested in LULU may also be interested in Express (EXPR) and The Gap (GPS).

Shares of LULU are down 12% YTD.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next