Lululemon Athletica (LULU.US) rose over 15% after its impressive Q3 earnings report.

On Friday, lululemon Athletica (LULU.US) shares rose, up over 15% at the time of writing to $399. On the news, the company's global net revenue grew 9% year-on-year to $2.4 billion in the third quarter, with its international business net revenue up 33%. On a constant dollar basis, the company's international net revenue grew 30% year-on-year in the third quarter.

For the fourth quarter of 2024, lululemon expects net revenue to be between $3.475 billion and $3.51 billion, up about 8% to 10%; without the 53rd week of 2024, it will grow about 3% to 4%. The diluted EPS is expected to be between $5.56 and $5.64.

For the whole of 2024, lululemon expects net revenue to be between $10.452 billion and $10.487 billion, up about 9%; without the 53rd week of 2024, it will grow about 7%. The diluted EPS is expected to be between $14.08 and $14.16.