Monday, April 07, 2008

Lululemon athletica inc. Continues to Gain Momentum with Strong Fourth Quarter and Fiscal Year 2007 Results. Stated income.

The Company has in olden days stated its long-term advancement targets of entrap gate crop of approximately 25% and diluted EPS progress in excessive of 25%. The Company believes 2008 reticle revenues and diluted EPS enlargement will excel these long-term targets. For budgetary 2008, diluted return per serving are expected to be in the extent of $0.70 to $0.72. This auspices is based on anticipated comparable fund sales growth of sorrowful teens; or high single digits on a sempiternal dollar basis, and 35 planned immature store openings in North America.



The Company expects an operative contribution estimate of approximately 33% for the full year and anticipates diluted weighted mean shares owed of approximately 71.0 million for 2008. This financial 2008 takings guidance includes a charge of approximately $0.02 per allocate resulting from the Company's planned closure of its four stores currently operating in Japan. In a break to pieces despatch release, lululemon also today announced the election of Christine Day, currently Executive Vice President of Retail Operations, to the offices of President and COO and to the position of CEO Designate. Ms. Day will be appointed CEO upon the retirement of Bob Meers on June 30, 2008.






Conference Call Information A symposium rouse to chat about fourth clemency results is scheduled for today, April 2, 2008, at 9:00 AM Eastern Time. Investors non-objective in participating in the term are invited to dial (877) 397-0300 approximately ten minutes one-time to the genesis of the call. The talk ring will also be webcast abide at www.lululemon.com. About lululemon athletica inc. lululemon athletica (NASDAQ: LULU; TSX: LLL) is a yoga-inspired athletic attire and and private limited company that creates components for public to palpable longer, healthier and more whoopee lives.



By producing products that ease camouflage plebeians bustling and tenseness free, lululemon believes that the existence will be a better place. Setting the courtroom in intricate fabrics and going designs, lululemon workings with yogis and athletes in peculiar communities for interminable research and product feedback. For more information, http://www.lululemon.com. Forward-Looking Statements: This also pressurize let go contains "forward-looking statements" within the message of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that comprise risks, uncertainties and assumptions, such as statements anenst our tomorrow fiscal adapt or results of operations, our prospects and strategies for prospective growth, both in North America and internationally, the situation and introduction of untrained products, and the implementation of our marketing and branding strategies.



In many cases, you can recognize forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "believes," "intends," "estimates," "predicts," "potential" or the gainsaying of these terms or other comparable terminology. These forward-looking statements are based on management's trendy expectations but they number among a swarm of risks and uncertainties. Actual results and the timing of events could be separate significantly from those anticipated in the forward-looking statements as a development of risks and uncertainties, which include, without limitation: the plausibility that we may not be able to conduct operations at our reported proportions or manipulate nurturing effectively; the admissibility that we may not be able to home suitable locations to blatant new stores or attract customers to our stores; the likelihood that we may not be able to successfully inflate in the United States or in other markets, or prolong into new markets; the possibility that we may not be able to affairs our growth and maintain sufficient levels of ready flow; increasing competition, which may cause us to ease the prices of our products or to better significantly our marketing efforts to avoid losing customer base share; the possibility that we may not be able to effectively peddle and maintain a positive characterize image; the possibility that we may not be able to continually innovate and lay down our consumers with improved products; and other chance factors detailed in our filings with the Securities and Exchange Commission, including jeopardy factors contained in our concluding programme relating to our initial trade offering included in our Registration Statement on Form S-1 (file no. 333-142477) filed with the SEC and other filings we deliver with the SEC.



Our filings with the SEC are close by at www.sec.gov http://www.sec.gov. You are urged to reckon these factors carefully in evaluating the forward-looking statements herein and are cautioned not to livelihood undue faith on such forward-looking statements, which are skilful in their everything by this cautionary statement.

forward looking statements



The forward-looking statements made herein symbolize only as of the assignation of this pressure come out with and the company undertakes no trust to publicly update such forward-looking statements to mirror subsequent events or circumstances.




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