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Company News

REFILE-Lululemon Athletica profit jumps 82 pct

(Corrects to “jumps” in the headline)

March 27 (Reuters) - Canadian clothing chain Lululemon Athletica Inc posted an 82 percent rise in fourth-quarter profit on Wednesday, driven by higher same-store sales.

The company’s net income rose to $218.5 million, or $1.65 per share, in the quarter ended Feb 3 from $119.8 million, or 88 cents per share, a year earlier.

Total revenue rose to $1.17 billion from $928.8 million. (Reporting by John Benny in Bengaluru; Editing by Anil D’Silva)

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