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Lululemon Athletica Inc. (LULU) Is Climbing On Strong Q3 Earnings

Lululemon Athletica Inc. (LULU) reported third quarter EPS of $0.56 after the bell Wednesday, up from $0.47 in the prior year period. Street expectations were for EPS of $0.52. The stock is now up 4.23 on 586K shares.

Lululemon Athletica posted gains in early trade Wednesday and rose further in the early afternoon. Shares finished up by 1.30 at $67.66 on above average volume. The stock closed challenging the upper end of a 2-week trading range.

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