When Lululemon Athletica Inc. (NASDAQ: LULU) reported its fiscal second-quarter late on Thursday, the company posted $0.39 in earnings per share (EPS) and $581.1 million in revenue. That compared with consensus estimates of $0.35 in EPS and revenue of $567.8 million.

During this quarter, total comparable sales increased 7%. Although, comparable store sales increased only 2%, direct to consumer net revenue increased 29%, or about 30% on a constant dollar basis.

In terms of the guidance for the coming quarter, management expects to see EPS in the range of $0.50 to $0.52 and net revenues between $605 million and $615 million. The consensus estimates are $0.52 in EPS and $608.77 million in revenue for the fiscal third-quarter.

On the books, Lululemon ended the quarter with $721.2 million in cash and cash equivalents, up from $535.3 million at the end of the second quarter of fiscal 2016.

Laurent Potdevin, Lululemon CEO, commented:

Our performance reflects the growing global consumer response to lululemon’s unique position as the leading brand that defines an active, mindful lifestyle. Through continuing to deliver category-defining product innovation, we are creating experiences that our guests, both existing and new, desire. This strong brand momentum reinforces my confidence in our long-term strategy.

Shares of Lululemon were last seen up about 6% at $61.20 on Friday, with a consensus analyst price target of $62.17 and a 52-week range of $47.26 to $72.70.

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