• Income from operations was $28.4 million, or 16.8% of net revenue, compared to $14.0 million, or 14.5% of net revenue, in the first nine months of fiscal 2006. • Diluted earnings per share were $0.23 on net income of $16.2 million, compared to diluted earnings per share of $0.10 on net income of $6.8 million the first nine months of fiscal 2006.
Robert Meers, lululemon's CEO stated: “We are very pleased to have delivered another quarter of strong sales and earnings growth. We believe that our performance during the third quarter further demonstrates that our innovative product offering, unique culture and distinct community-based marketing approach creates brand loyalty and continues to attract healthy and active-minded individuals to the lululemon brand. Based on the strong results in both our comp stores as well as our new stores, we are extremely excited about our future growth prospects.”
marketing@alchempro.com
