Lululemon Athletica Inc. revised earnings guidance for the fourth quarter ending January 31, 2016. For the fourth quarter, the company now anticipates that net revenue will be in the range of $690 million to $695 million, which represents an increase of approximately 15% compared to the fourth quarter of fiscal 2014, or on a constant dollar basis, an increase of approximately 19%. This is based on a total comparable sales increase in the high-single digits on a constant dollar basis.

This compares to previous guidance of net revenue in the range of $670 million to $685 million for the fourth quarter based on a total comparable sales increase in the mid-single digits on a constant dollar basis. The company also now expects diluted earnings per share will be in the range of $0.78 to $0.80 for the fourth quarter. The previous EPS guidance for the fourth quarter was a range of $0.75 to $0.78.

EPS guidance continues to assume 139.0 million diluted weighted-average shares outstanding and a 29.5% tax rate.