Lululemon Q3 revenues rise 21 percent

Canadian athletic apparel maker Lululemon said on Thursday its Q3 revenue for 2018 increased by 21 percent or 22 percent on constant currency basis, while total comparable sales rose 17 percent or 18 percent on constant dollar basis. Net income increased by 59.3 percent from the same period last year. Diluted earnings per share were 71 cents compared to 41 cents last year and adjusted diluted earnings per share were 75 cents compares to 57 cents last year.