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Lululemon Athletica Inc (LULU.OQ)

LULU.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Lululemon Athletica Says Agreed To Pay Laurent Potdevin Lump Sum Cash Payment Of $3.4 Mln As Soon As Practicable After Effective Date Of Separation
Tuesday, 6 Feb 2018 

Feb 5 (Reuters) - Lululemon Athletica Inc ::LULULEMON ATHLETICA - AGREED TO PAY LAURENT POTDEVIN LUMP SUM CASH PAYMENT OF $3.4 MILLION AS SOON AS PRACTICABLE AFTER EFFECTIVE DATE OF SEPARATION.LULULEMON ATHLETICA INC - POTDEVIN WILL NOT RECEIVE ANY CONTINUED OR ACCELERATED VESTING OF ANY OUTSTANDING EQUITY AWARDS.LULULEMON - IN CONNECTION WITH POTDEVIN’S RESIGNATION, CO TO MAKE CASH PAYMENT $1.65 MILLION TO BE PAID OVER A PERIOD OF 18 MONTHS.  Full Article

Lululemon Athletica CEO Laurent Potdevin Resigns
Tuesday, 6 Feb 2018 

Feb 5 (Reuters) - Lululemon Athletica Inc ::CEO LAURENT POTDEVIN RESIGNS.‍THREE SENIOR LEADERS TO ASSUME EXPANDED ROLES REPORTING TO EXECUTIVE CHAIRMAN GLENN MURPHY​.‍BOARD OF DIRECTORS HAS IMMEDIATELY BEGUN A SEARCH PROCESS FOR A GLOBAL CHIEF EXECUTIVE OFFICER​.‍ALSO REAFFIRMED ITS UPDATED GUIDANCE PROVIDED ON JANUARY 8, 2018​.‍REMAIN ON TRACK TO ACHIEVE $4 BILLION IN REVENUE IN 2020​.LULULEMON-EXPECTS EMPLOYEES TO EXEMPLIFY "HIGHEST LEVELS OF INTEGRITY AND RESPECT FOR ONE ANOTHER"; POTDEVIN "FELL SHORT" OF THE STANDARDS OF CONDUCT‍​ ‍​.FY2018 EARNINGS PER SHARE VIEW $2.53, REVENUE VIEW $2.63 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Lululemon Athletica Sees Q4 Earnings Per Share $1.24 To $1.26
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Lululemon Athletica Inc ::FOR Q4, NOW ANTICIPATE THAT NET REVENUE WILL BE IN RANGE OF $905 MILLION TO $915 MILLION.LULULEMON ATHLETICA - EXCLUDING IMPACT OF RESTRUCTURING OF IVIVVA OPERATIONS, EXPECT ADJUSTED EPS TO BE IN RANGE OF $1.25 TO $1.27 FOR Q4.LULULEMON ATHLETICA - SEES SIGNIFICANT INCOME TAX EXPENSE IN Q4 RELATED TO ONE-TIME DEEMED REPATRIATION TAX ON ACCUMULATED FOREIGN EARNINGS..UPDATES GUIDANCE FOR FOURTH QUARTER OF FISCAL 2017 AHEAD OF PRESENTATION AT THE ICR CONFERENCE.SEES Q4 EARNINGS PER SHARE $1.24 TO $1.26.SEES Q4 REVENUE $905 MILLION TO $915 MILLION.SEES Q4 2017 ADJUSTED EARNINGS PER SHARE $1.25 TO $1.27 EXCLUDING ITEMS.LULULEMON ATHLETICA SAYS BELIEVE THAT IMPACT OF TAX REFORM WILL BE FAVORABLE TO CO'S EFFECTIVE TAX RATE IN FISCAL 2018.Q4 EARNINGS PER SHARE VIEW $1.22, REVENUE VIEW $883.8 MILLION -- THOMSON REUTERS I/B/E/S.Q4 GUIDANCE DOES NOT REFLECT IMPACT OF U.S. TAX REFORM WHICH WAS ENACTED ON DECEMBER 22, 2017.SEES Q4 TOTAL COMPARABLE SALES INCREASE IN HIGH SINGLE DIGITS ON A CONSTANT DOLLAR BASIS.  Full Article

Lululemon Athletica Q3 Earnings Per Share $0.43
Thursday, 7 Dec 2017 

Dec 6 (Reuters) - Lululemon Athletica Inc ::ANNOUNCES THIRD QUARTER FISCAL 2017 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.56 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.43.SEES Q4 2017 REVENUE $870 MILLION TO $885 MILLION.SEES FY 2017 REVENUE $2.59 BILLION TO $2.605 BILLION.Q3 REVENUE $619 MILLION VERSUS I/B/E/S VIEW $609.9 MILLION.SEES Q4 2017 ADJUSTED EARNINGS PER SHARE $1.19 TO $1.22 EXCLUDING ITEMS.SEES FY 2017 ADJUSTED EARNINGS PER SHARE $2.45 TO $2.48 EXCLUDING ITEMS.SEES FY 2017 EARNINGS PER SHARE $2.20 TO $2.23.SEES Q4 2017 EARNINGS PER SHARE $1.18 TO $1.21.Q3 EARNINGS PER SHARE VIEW $0.52 -- THOMSON REUTERS I/B/E/S.LULULEMON ATHLETICA - QTRLY TOTAL COMPARABLE SALES INCREASED 8%, OR INCREASED 7% ON A CONSTANT DOLLAR BASIS.LULULEMON ATHLETICA - QTRLY DIRECT TO CONSUMER NET REVENUE INCREASED 26%, OR INCREASED 25% ON A CONSTANT DOLLAR BASIS.- SEES Q4 TOTAL COMPARABLE SALES INCREASE IN MID-SINGLE DIGITS ON A CONSTANT DOLLAR BASIS.LULULEMON ATHLETICA - INVENTORIES AT END OF Q3 2017 INCREASED 9% TO $396.9 MILLION VERSUS $364.5 MILLION AT END OF Q3 2016.Q4 EARNINGS PER SHARE VIEW $1.17 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $2.41 -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $2.58 BILLION -- THOMSON REUTERS I/B/E/S.Q4 REVENUE VIEW $866.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Lululemon Athletica announces leadership change
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Lululemon Athletica Inc :Lululemon Athletica Inc. announces leadership change.Lululemon Athletica Inc - ‍Lee Holman, executive vice president and creative director, has resigned​.  Full Article

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Lululemon raises full-year forecast on menswear, online strength

Lululemon Athletica Inc reported better-than-expected second-quarter revenue and profit on Thursday, buoyed by strength in its online and menswear businesses, helping the Canadian athletic apparel maker to raise its forecasts for the year.