On Thursday, Lululemon reported better-than-expected earnings, but as its growth stalled in North America, the sportswear retailer's guidance fell short of expectations.。

Financial information overview:

• Earnings per share: 5.$29, expected 5.$00;
• Revenue: 32.$100 million, expected at 31.900 million dollars。

The company reported net income for the three-month period ended January 28 of 6.$69.5 billion, 5 per share.$29, compared to 1.$19.8 billion, 94 cents per share。Sales increase to 32.100 million U.S. dollars, up from 27 in the same period last year..$700 million growth of about 16%。

Shares in the stock were down about 10% in after-hours trading on Thursday。

Like its peers, Lululemon has been dealing with uncertain demand and a slowdown in consumer spending, which has had a particularly severe impact on the apparel sector.。Investors have been watching Lululemon's performance in North America, its biggest sales region, as the company faces a tougher situation than the previous year, dealing with consumers who choose experiences over goods such as clothes and shoes.。

During the reporting period, Lululemon's sales in the Americas increased by 9%, compared to a 29% increase in the same period last year.。While Lululemon is still growing in the region, growth has slowed significantly as Lululemon is focusing on international expansion.。

At the same time, international sales rose 54%, with China sales up 78% and other markets up 36%.。

Comparable sales rose 12 percent in the quarter, slightly below analysts' expectations of 12 percent, according to StreetAccount..3%。

For the new quarter, Lululemon expects net revenue to be between $21.8 billion and $22 billion, up 9% to 10%.。Analysts expected a forecast of $22.5 billion, up 12 percent, according to LSEG..5%。The company expects average earnings per share to be 2..$35 to $2.Between $40, below analyst expectations of 2.55美元。

For the full year, the company expects sales to be between $10.7 billion and $10.8 billion, compared to an estimate of $10.9 billion based on LSEG.。Average earnings per share for the full year are expected to be between $14 and $14..between $20, compared to an estimate of 14 according to LSEG.13美元。

"As you have heard from others in our industry, there has been a recent shift in behavior among U.S. consumers, and we are dealing with a slower start to this market this year."。Chief Executive Calvin McDonald said on a conference call with analysts on Thursday, "We see this as an opportunity to continue to attack, to invest more, to continue our growth trajectory."。Outside the United States, our business remains strong.。"

McDonald added that both foot traffic and conversion rates in the United States are falling.。He attributed it to the lack of size zero to size four products in the U.S. customer base and the insufficient variety of color items。

Lululemon has long been a market leader in women's sportswear, but the Vancouver-based company faces more competition than ever before.。New entrants like Alo Yoga and Vuori have been eating into Lululemon's market share, so it must struggle to differentiate itself in more crowded categories.。

The retailer has been working to expand its footwear offerings and grow its menswear business。During the quarter, Lululemon opened its first menswear store in Beijing, a key growth market for the company.。In February, Lululemon also launched its first men's shoe, CityVerse, and plans to launch a new men's and women's running style, as performance sneakers remain a bright spot, while other footwear markets are stagnating.。

With the holidays just around the corner, McDonald said Black Friday was the "biggest day" in company history and he was encouraged by the trend at the beginning of the season.。But the retailer's holiday quarter outlook was slightly below analysts' expectations.。