Consumer Discretionary

Lululemon Athletica (NASDAQ:LULU) reported Q2 earnings of $2.68 per diluted share, up from $2.26 a year earlier. Analysts polled by Capital IQ expected $2.54. Net revenue for the quarter was $2.21 billion, up from $1.87 billion a year earlier. Analysts surveyed by Capital IQ expected $2.17 billion. The company said it expects Q3 diluted EPS of $2.23 to $2.28 on net revenue of $2.165 billion to $2.19 billion. Analysts polled by Capital IQ expect EPS of $2.24 on revenue of $2.15 billion. For the full year, the company said it expects diluted EPS of $12.02 to $12.17 on net revenue of $9.51 billion to $9.57 billion. The previous guidance was for EPS of $11.74 to $11.94 and net revenue of $9.44 billion to $9.51 billion. Analysts surveyed by Capital IQ expect EPS of $11.91 on revenue of $9.51 billion.