Lululemon Athletica
stock surged after the company beat earnings expectations and issued better-than-expected guidance for the current fiscal year.
Lululemon (ticker: LULU) reported adjusted earnings of $4.40 a share for its fourth quarter, topping analysts’ expectations for $4.26 a share. Sales jumped 30% to $2.8 billion, over estimates for $2.7 billion.
Source: https://www.barrons.com/articles/lululemon-earnings-stock-price-f3f4fed?siteid=yhoof2&yptr=yahoo