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Why Lululemon is a Top Retail Stock

Video Credit: The Street - Duration: 01:29s - Published < > Embed
Why Lululemon is a Top Retail Stock

Why Lululemon is a Top Retail Stock

Lululemon is Real Money's Stock of the Day.

Shares of the apparel company are up over 40% year to date and continue to rise this morning after reporting strong earnings on Wednesday evening.

The company beat analyst estimates on both the top and bottom lines, with earnings per share came in at $0.74, 4 cents above the analyst consensus and revenue came in at $782 million versus expectations of $755 million.

Importantly, comp store sales increased 14%, cruising by already bullish estimates set at 11.5%.

For more in-depth coverage of Lululemon get over to RealMoney.com

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