Lululemon‘s inventory rose after the attire market reported fiscal third-quarter earnings and gross sales forward of analysts’ estimates, prompting it to lift its full-year outlook.

Shares have been not too long ago up greater than 2% in after hours.

Here is how Lululemon did within the three-month interval ended Oct. 31 in contrast with what analysts have been anticipating, based mostly on a Refinitiv survey:

• Earnings per share: $1.62 adjusted vs. $1.41 anticipated
• Income: $1.45 billion vs. $1.41 billion anticipated

Lululemon mentioned third-quarter internet revenue rose to $187.8 million, or $1.44 per share, from $143.6 million, or $1.10 per share, a yr in the past.

Excluding one-time gadgets, it earned $1.62 per share, forward of expectations for $1.41.

Gross sales rose about 30% to $1.45 billion from $1.12 billion a yr earlier. That was forward of expectations for $1.41 billion.

Lululemon raised its income to a spread of between $6.25 billion and $6.29 billion. Beforehand, it anticipated income of $6.19 billion to $6.26 billion.

As of Thursday’s market shut, Lululemon shares are up about 20% yr thus far.

Discover the total earnings press launch from Lululemon here.

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