Lululemon Athletica Inc. (LULU) raised its third quarter EPS forecast to between $0.17 and $0.19 after the close Monday, from prior expectations of $0.11 to $0.13. The company also increased its revenue forecast to between $110 million and $112 million, from prior guidance of $95 million to $100 million. Lululemon Athletica gapped up Tuesday and rose sharply in the first 45 minutes of trade. Shares finished up by $2.19 at $27.90 on the highest volume in 4 months. The stock climbed above a 2-week range and set a new high for the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.