Lululemon markets its apparel under the brand names of lululemon athletica and ivivva athletica. Its products are designed to offer performance, fit and comfort while incorporating both function and style. The company also continues to broaden its product range to increasingly appeal to male athletes and athletic female youth. As of February 3, 2013, its branded apparels were sold through 135 stores in the United States, 51 stores in Canada, 23 stores in Australia and two in New Zealand.
Yesterday, Lululemon Athletica Inc. ( LULU ), a leading lululemon yoga-inspired athletic apparel and accessories retailer, posted better-than-expected second-quarter fiscal 2013 results on the back of robust sales growth. The quarterly lululemon canada earnings per share of 39 cents beat the Zacks Consensus Estimate of 35 cents but remained flat lululemon sale compared with the year-ago quarter.
The earnings of second-quarter Lululemon yoga pants fiscal 2012 included a benefit of 5 cents per share related to retroactive tax adjustment. Excluding that, Lululemons earnings for the quarter rose 14.7% on a year-over-year basis. However, a rise in input and operating costs, and higher lululemon outlet tax rate were the negatives for the quarter.