VANCOUVER — Lululemon Athletica Inc. reported an 18 per cent surge in profits last quarter, prompting it to raise its fiscal forecast for the year after beating expectations.
The retailer says net revenue in its second quarter also rose 18 per cent to US$2.21 billion from US$1.87 billion the year before.
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HP Inc. sees slowing PC demand in mixed Q3 earningsHP Inc. (HPQ) shares are falling this morning after the computer manufacturer showed mixed third-quarter earnings — narrowly missing on revenue of $13.2 billion while narrowly beating estimates with adjusted earnings of $0.86 per share. Yahoo Finance Live examines HP's revenue across segments and how slowing demand for PCs in consumer markets is hitting the company.
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