lululemon athletica (LULU) reported Q1 FY 2022 earnings of $1.16 per share (versus $0.23 per share in Q1 FY 2021), beating analysts’ consensus estimate of $0.91 per share.

The company’s quarterly revenues amounted to $1.226 bln (+88.1% y/y), beating analysts’ consensus estimate of $1.130 bln.

The company also issues upside guidance for Q2 FY 2022, projecting EPS of $1.10-1.15 versus analysts’ consensus estimate of $1.01 and revenues of $1.30-1.33 bln versus analysts’ consensus estimate of $1.2 bln.

For the full FY 2022, it sees EPS of $6.52-6.65 versus analysts’ consensus estimate of $6.49 and revenues of $5.825-5.905 bln versus analysts’ consensus estimate of $5.69 bln.

LULU rose to $320.00 (+0.83%) in pre-market trading.