Lululemon

Check out the companies making headlines before the bell:Lululemon (LULU) - Lululemon rallied 9.5% in the premarket after reporting better-than-expected quarterly results and issuing an upbeat outlook. The athletic apparel and leisurewear maker said it continues to see strong sales momentum.Broadcom (AVGO) – Broadcom rose 2% in premarket trading after quarterly earnings and revenue exceeded analyst forecasts. The chip maker also issued a stronger-than-expected revenue forecast for the current quarter. CEO Hock Tan said…

Pedestrians pass by a Lululemon store.Scott Mlyn | CNBCLululemon Athletica Inc. on Thursday reported quarterly earnings and revenue that beat analysts' expectations, as shoppers stocked up on workout gear even as surging prices have hurt other retailers' apparel sales.The company also raised its outlook for the year. Shares were up around 8% in after-hours trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Earnings per share: $2.20, adjusted,…

Check out the companies making headlines before the bell:Turning Point Therapeutics (TPTX) – The biopharmaceutical company's shares more than doubled in premarket trading after agreeing to be acquired by Bristol Myers Squibb (BMY) for $76 per share in cash, or $4.1 billion. Turning Point specializes in cancer treatments.Lululemon (LULU) – Lululemon shares rose 1% in premarket trading after the athletic apparel and leisurewear maker reported a better-than-expected quarter and raised its full-year forecast. Lululemon beat…

Pedestrians seen walking past Canadian athletic apparel retailer Lululemon in Shanghai.Alex Tai | SOPA Images | LightRocket | Getty ImagesLululemon on Thursday reported fiscal-first quarter profit and revenue outpacing Wall Street's expectations, boosted by growth online and in the retailer's men's division. The athletic apparel retailer also raised its outlook for fiscal 2022, expecting the momentum in its business to continue in spite of broader economic headwinds. Here's how Lululemon did in its fiscal first quarter…

Options traders are betting on a big move for Lululemon as the athleisure company gears up to report quarterly results after the bell Thursday.Lululemon is normally liable to move quite a bit after announcing earnings, averaging 5.8% in either direction across its last eight reported quarters. This time, however, the consensus among options traders seems to be that the stock could nearly double that."Lululemon options traded very actively today, nearly three times the average daily volume, and because of the wreckage that…