December 27, 2024

Lululemon shares jump on boosts to stock buyback, profit forecast

 Lululemon shares jump on boosts to stock buyback, profit forecast

Lululemon shares jump on boosts to stock buyback, profit forecast

Shares of Lululemon Athletica jumped after hours Wednesday, after the yoga-wear maker and athleisure giant announced a $1 billion increase to its stock-buyback program and raised its full-year profit outlook.