Shares of Lululemon Athletica Inc.
rose 3% in the extended session Wednesday after the apparel retailer beat Wall Street's first-quarter sales and profit expectations and said it continues to see "momentum" across its businesses. Lululemon earned $97 million, or 74 cents a share, in the quarter, compared with $75 million, or 55 cents a share, in the year-ago period. Revenue rose 20% to $782.3 million. Analysts polled by FactSet had expected earnings of 71 cents a share on sales of $756 million.
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Women reach their earnings peak 11 years before men and are paid $35,000 less, survey showsA typical college-educated woman's earnings peak at $66,700 when she is 44 years old, the survey found. Men achieve their earnings peak at age 55 — 11 years later — at $101,200. I wonder if has anything to do with lifestyle choices. Does average include women who choose not to stay in the workforce? If so, then this is meaningless. Also needs to account for chosen professions. Apples to apples. Not saying gender gap isn't real. Accurate info needed. There is no pay gap. It’s all statistics skewed different ways What do men earn at age 44 earn? Let’s make valid comparisons, not use doctored data
Source: NBCNews - 🏆 10. / 86 Read more »