Lululemon Athletica (LULU) reported third quarter EPS of $0.20 after the bell Wednesday, which came in above the consensus estimate of $0.19. The company expects to report fourth quarter EPS between $0.26 and $0.28, compared to the consensus estimate of $0.27. The stock is now up 0.43 on 216K shares.
Lululemon Athletica rose steadily until mid-morning Wednesday and finished up by 0.86 at $27.67 on above average volume. The stock closed challenging resistance at the highs of the year, trading at nearly a 3-month high.
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