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lululemon athletica inc.

10:07 AM EST - lululemon athletica inc. : announced financial results for the second quarter ended July 29, 2012. Net revenue for the quarter increased 33% to $282.6 million from $212.3 million in the second quarter of fiscal 2011. Comparable stores sales for the second quarter increased by 15% on a constant-dollar basis. Gross profit for the quarter increased 28% to $155.8 million, and as a percentage of net revenue gross profit was 55.1% for the quarter as compared to 57.5% in the second quarter of fiscal 2011. Income from operations for the quarter increased 18% to $70.2 million, and as a percentage of net revenue was 24.8% as compared to 28.0% of net revenue in the second quarter of fiscal 2011. lululemon athletica inc.

shares T.LLL are trading up $1.71 at $69.10.