Lululemon posts adjusted diluted EPS of 0.39 dollar in Q2

Lululemon Athletica reported diluted earnings per share of 0.36 dollar for the second quarter of fiscal 2017 against 0.39 dollar reported in the same quarter last year. Excluding the impact of the Ivivva restructuring, the company said adjusted diluted earnings per share were 0.39 dollar compared to 0.38 dollar in the second quarter of 2016. Net revenue for the quarter was 581.1 million dollars, an increase of 13 percent at current and constant exchange compared to the second quarter of fiscal 2016. Total comparable sales increased 7 percent on current and constant exchange basis.