Lululemon earnings rise on higher sales

Thu Sep 1, 2016 4:14pm EDT
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TORONTO, Sept 1 (Reuters) - Canadian yoga wear retailer Lululemon Athletica Inc reported an increase in quarterly earnings on Thursday as sales rose.

Net income rose to $53.6 million, or 39 cents a share, from $47.7 million, or 34 cents, a year earlier. Revenue rose 14 percent to $514.5 million.

(Reporting by Allison Martell; Editing by Steve Orlofsky)