Lululemon Athletica Inc. (NASDAQ:LULU, TSX:LLL) has reported a net income of $30.8 million for 2007 compared with $7.7 million for 2006.
The Vancouver yoga-wear retailer said its revenue rose 84% in 2007 to $274.7 million from $148.9 million in 2006. It also reported a net income of $14.6 million for 2007's fourth quarter compared with $0.9 million in 2006's fourth quarter.
Lululemon recently made headlines when it appointed Christine Day as president, COO and CEO-designate to replace CEO Robert Meers, who will be retiring at the end of June.
The company's share price range during the past week: between $29.23 and $32.60; 52-week high: $58.77; 52-week low: $21.20.