September 1, 2016 / 8:17 PM / a year ago

Lululemon earnings rise on higher sales

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

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