LULU Is Trading Above Its 52-Week High

Lululemon Athletica Inc. (NASDAQ: LULU) crossed its 52-week high in the after-hours as they changed its 3Q guidance.

LULU raised its guidance for 3Q due to stronger than anticipated sales, and it expects Q3 EPS between 17 cents and 19 cents versus previous 11-13 cents.

Lululemon Athletica Inc. now expects sales of $110M-$112M versus previously expected $95M-$100M. Its consensus on 3Q earnings is 14 cents and sales consensus is $98.93

LULU has crossed its 52-week high of $26.48 to trade at $28.45, its 52-week low was $4.33.