Lululemon Athletica Inc.’s inventory vaulted 13% in prolonged buying and selling Tuesday after the clothes retailer reported quarterly outcomes that topped analyst income and earnings estimates, and supplied robust full-year income steerage.
Lululemon LULU reported fiscal fourth-quarter internet earnings of $119.8 million, or 94 cents a share, in contrast with internet earnings of $434.5 million, or $3.36 a share, within the year-ago quarter. Adjusted earnings have been $4.40 a share.
Revenue…
Source web site: www.marketwatch.com
