Lululemon Shares Jump, After Einhornn Does Not Disclose A Short

Lululemon Athletica (LULU) allegedly had investors betting against them earlier this fall but on Thursday they again proved them wrong with its third quarter earnings report.

For the quarter, the company saw an 18% rise in its same-store sales with the exclusion of the currency translations. This compared to a 5.4% average increase for apparel retailers in the same quarter, according to Retail Metrics.

Lululemon Athletica inc. (NASDAQ:LULU) also reported its online and other direct-to-consumer sales jumped 89 . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email or click chat button and we will get back to you as quick as humanly possible

Saved Articles

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers