Investing.com - Lululemon Athletica reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Lululemon Athletica announced earnings per share of $1.44 on revenue of $1.45B. Analysts polled by Investing.com anticipated EPS of $1.4 on revenue of $1.43B.
Lululemon Athletica shares are up 19.79% from the beginning of the year , still down 14.18% from its 52 week high of $485.83 set on Tuesday, November 16, 2021. They are under-performing the Nasdaq 100 which is up 25.3% year to date.
Lululemon Athletica shares gained 1.77% in after-hours trade the report.
Lululemon Athletica follows other major Consumer Discretionary sector earnings this month
Lululemon Athletica's report follows an earnings beat by Home Depot on Tuesday, November 16, 2021, who reported EPS of $3.92 on revenue of $36.82B, compared to forecasts EPS of $3.42 on revenue of $34.95B.
Alibaba ADR had missed expectations on Thursday, November 18, 2021 with second quarter EPS of $11.2 on revenue of $200.69B, compared to forecast for EPS of $11.86 on revenue of $204.14B.
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