Corrects typographical error in the first paragraph of the original story:
Lululemon Athletica Inc. (LULU) reported net income for the third quarter of $14.1 million or $0.20 per share, compared to $8.8 million or $0.13 per share in the year-ago quarter.
Revenues for the quarter increased 29.7% to $112.9 million from $87.0 million in the prior-year quarter.
Comparable-store sales increased by 10% on a constant-dollar basis compared to the third quarter of fiscal 2008.
On average, analysts polled by Thomson Reuters expected the company to earn $0.19 per share, on revenues of $111.24 million for the quarter. Analysts estimates typically exclude special items.
Looking ahead for the fourth quarter, the company expects earnings to be in the range of $0.26 to $0.28 per share. Net revenue for the quarter is expected to be in the range of $140 million - $145 million based on a comparable-store sales increase in the mid teens on a constant-dollar basis.
Analysts currently expect earnings of $0.27 per share on revenues of $133.73 million for the fourth quarter.
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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.