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.
Shares of Lululemon Athletica gapped open higher Tuesday and have continued to rise sharply. The stock is now up 2.39 at $28.10 and has climbed above a 2-week range, to set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.