Lululemon Athletica posts 6 pct rise in quarterly profit

Wed Mar 30, 2016 6:12am EDT
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March 30 (Reuters) - Canadian yoga-wear retailer Lululemon Athletica Inc reported a 6 percent rise in quarterly net profit, helped by higher same-store sales.

Net income rose to $117.4 million, or 85 cents per share, in the quarter ended Jan. 31 from $110.9 million, or 78 cents per share, a year earlier.

Net revenue rose about 17 percent to $704.3 million. (Reporting by Amrutha Gayathri in Bengaluru; Editing by Anupama Dwivedi)