Lululemon Athletica results trounce street view, lifts FY outlook; shares jump 10 percent

WASHINGTON - Shares of Lululemon Athletica Inc. (LULU) jumped over 10 percent in extended trading session on Wednesday after the company reported a second-quarter profit that surged from a year ago, driven largely by strong revenues. Both earnings and revenues for the three-month period trumped Wall Street estimates. Moving ahead, the yoga apparel retailer lifted its outlook for the full year.