Investing.com - Lululemon Athletica (NASDAQ:LULU) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Lululemon Athletica announced earnings per share of $1.16 on revenue of $1.12B. Analysts polled by Investing.com anticipated EPS of $0.8598 on revenue of $1.01B.
Lululemon Athletica shares are up 59.47% from the beginning of the year and are trading at $381.00 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 42.01% from the start of the year.
Lululemon Athletica shares gained 3.13% in after-hours trade the report.
Lululemon Athletica follows other major Services sector earnings this month
Lululemon Athletica's report follows an earnings beat by Walmart on November 17, who reported EPS of $1.34 on revenue of $134.7B, compared to forecasts EPS of $1.18 on revenue of $132.12B.
Home Depot had beat expectations on November 17 with third quarter EPS of $3.18 on revenue of $33.54B, compared to forecast for EPS of $3.05 on revenue of $31.83B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar