Lululemon ups forecast, tops expectations with double-digit earnings growth

in U.S. dollars, says net income jumped to US$341.6 million in the three months ended July 30 from US$289.5 million a year earlier.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.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

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Lululemon ups forecast, tops expectations with double-digit earnings growthVANCOUVER — 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 Vancouver-based company, which reports in U.S.
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