By  on December 10, 2009

Lululemon Athletica Inc. on Wednesday posted an almost 60 percent gain in third-quarter profits, boosted by the performance of its yoga and running lines.

For the three months ended Nov. 1, income was up 59.2 percent to $14.1 million, or 20 cents a diluted share, from $8.8 million, or 13 cents, a year ago. Revenues rose 29.7 percent to $112.9 million from $87 million. Revenue from company-owned stores advanced 26.4 percent to $98.1 million from $77.6 million, with same-store sales rising 10 percent on a constant-dollar basis.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus