Global Courant
Market Movers gathered the best investor and analyst responses to Lululemon. The pundits, including Jim Cramer, discussed the athletic apparel company as its stock rose Friday. Late Thursday, Lululemon posted strong fiscal first quarter results that beat earnings and revenue estimates. Lululemon said sales were up 24% from a year ago. It now expects full-year revenue to be between $9.44 billion and $9.51 billion, up from its previous estimate of between $9.31 billion and $9.41 billion. The stock closed the trading day more than 11% higher.
Lululemon shares soar after earnings beat. How do you play the
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