Photo: Lululemon, Flickr
Net sales surged 51.4 per cent to $371.5 million, driven by 26 per cent comparable store sales growth.
Analysts were expecting $362 million in sales.
Full year net sales jumped 40.6 per cent to $1.0 billion.
“Reaching a billion dollars in revenue is clearly an important milestone that as a company we can all be very proud of,” said CEO Christine Day.
However, management’s guidance was a bit mixed. The company expects to generate $265 million to $270 million in Q1 sales with at least 20 per cent comparable store sales growth. EPS is expected to come in at $0.28 to $0.29.