22d • General discussion
Lululemon (LULU) up 10.7% after earnings
Lululemon (LULU) stock is jumping after the company released third quarter results that beat Wall Street's estimates on the top and bottom lines. Lululemon also announced that CEO Calvin McDonald will step down at the end of January.
Earnings per share came in at $2.59, compared to estimates of $2.22, while revenue came in at $2.57 billion, beating the $2.48 billion expected.
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Lululemon (LULU) up 10.7% after earnings
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