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. The stock is now up 2.64 on 27K shares.
Lululemon Athletica Inc. climbed in early trade Monday, but settled into a range for the majority of the session. Shares finished up by 0.38 at $25.71. The stock closed near the middle of a 2-week range.
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