Lululemon Q4 profit up 34.2%; same-store sales jump 26%

New York -- Lululemon Athletica Inc.’s income rose 34.2% to $73.5 million for the three months ended Jan. 29, from $54.8 million in the year ago period. Revenue in the fourth quarter was up 51.4% to $371.5 million, from $245.4 million. Same-store sales increased 26%. For the year, sales rose 40.6% to $1 billion. Profits were up 51.1% to $184.1 million.