Lululemon profits
By Rick Aristotle Munarriz, The Motley Fool
| 2:00PM 9/09/2011
The upscale retailer of fashionable fitness apparel came through with another monster quarter this morning. Net revenue soared 39% to $212.3 million, backed by strong consumer-direct sales, brisk expansion, and a stunning 20% spike in comparable-store sales. Earnings grew even faster, climbing 76% to $38.4 million.
| 2:08PM 9/10/2010
Shares in Lululemon Athletica rallied sharply Friday after the maker of yoga-inspired athletic apparel reported better-than-expected second-quarter earnings and raised its full-year outlook.