Aug 31 (Reuters) - Lululemon Athletica Inc LULU.O :
* Lululemon Athletica Inc. Announces second quarter fiscal 2017 results
* Q2 adjusted earnings per share $0.39 excluding items
* Q2 earnings per share $0.36
* Sees q3 2017 revenue $605 million to $615 million
* Sees FY 2017 revenue $2.545 billion to $2.595 billion
* Q2 earnings per share view $0.35 -- Thomson Reuters I/B/E/S
* Sees q3 2017 adjusted earnings per share $0.50 to $0.52 excluding items
* Sees FY 2017 adjusted earnings per share $2.35 to $2.42 excluding items
* Sees FY 2017 earnings per share $2.04 to $2.11
* Sees q3 2017 earnings per share $0.33 to $0.35
* Q2 revenue $581.1 million versus i/B/E/S view $567.6 million
* Lululemon Athletica Inc sees q3 of fiscal 2017 total comparable sales increase in mid-single digits on a constant dollar basis
* Lululemon Athletica - qtrly total comparable sales increased 7 pct, or increased by 7 pct on a constant dollar basis.
* Lululemon athletica inc sees for full fiscal 2017 expect a total comparable sales increase in low-single digits on a constant dollar basis
* Lululemon - in connection with restructuring of ivivva operations, expect to recognize total pre-tax costs of between $50.0 million and $60.0 million in fiscal 2017
* Lululemon - qtrly direct to consumer net revenue increased 29 pct, or increased 30 pct on a constant dollar basis
* Lululemon - inventories at end of q2 of fiscal 2017 increased by 14 pct to $316.4 million
* Fy earnings per share view $2.35, revenue view $2.56 billion -- Thomson Reuters I/B/E/S
* Q3 earnings per share view $0.52, revenue view $608.3 million -- Thomson Reuters I/B/E/S
* Lululemon Athletica-total pre-tax costs expected to be recognized in fiscal 2017 is inclusive of $23.2 million recognized during q1 and q2 fiscal 2017