Analysts had forecast earnings of 74 cents per share.
Revenue for the period ended Feb. 3 climbed 31 percent to $485.5 million from $371.5 million. Wall Street expected $482.2 million in revenue.
Revenue at stores open at least a year rose 10 percent.
For the year, Lululemon earned $270.6 million, or $1.85 per share. That compares with $184.1 million, or $1.27 per share, a year earlier.
Annual revenue increased 37 percent to $1.37 billion from $1 billion.
Revenue at stores open at least a year climbed 16 percent.
Shares rose 82 cents, or 1.3 percent, to close at $64.70 Thursday.
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