RealMoney stock of the day, Lululemon (LULU - Get Report) , reported earnings after the closing bell on Thursday. The stock opened at an all-time high today after topping analyst sales and earnings expectations while also raising guidance.

Lululemon said earnings for the three months ending on August 4, the company's fiscal second quarter, came in at 96 cents per share, up 35.2% from the same period last year and firmly ahead of the Street consensus forecast of 89 cents per share. Group revenues, the company said, rose 22% to $883 million, again topping analysts' forecasts of a $842.4 million tally, while same-store sales rose by a forecast-busting 17%.

Even at all time highs the stock is still a buy says to Jim Cramer:


"Everybody says they're an experiential retailer. Well Lulu is an experiential retailer and that's because they have created an environment of wellness and athletic and mindfulness...What people don't understand is it allows them to be full price. Macy's is half price, Lulu is full price and they don't talk about that on the conference call. And I wish they had, I wish someone had said to them, just point blank aren't all these things the way to be able to keep prices high. But that's why Lulu does so well. They've created an environment where you've got double digit, actually high teen growth, and full price. And that's a combination of just keep buying the stock, keep buying Lulu even up here." 

More from Cramer Today

Full Replay: Jim Cramer Breaks Down Nonfarm Payrolls, the Fed and Lululemon's Earnings

Jim Cramer Breaks Down the Jobs Report

Jim Cramer on The Fed Cutting Rates

Disrupting the World of Fantasy Sports

Jim Cramer picks stocks on Wall Street, now he's picking NFL players for fantasy football! TheStreet and Sports Illustrated Fantasy are teaming up to unveil our new Bull Market Fantasy channel.

Check it out here: BullMarketFantasy.com

Then, watch some of our latest videos with Jim Cramer, Sports Illustrated and our Maven Network.

Bull Market Fantasy Live With Jim Cramer: Week 1 Matchups and Lineup Advice

Damien Williams Fantasy Football Stock Sinks With LeSean McCoy On The Roster

Cowboys Owner Jerry Jones Calls Jim Cramer 'Smart' for Taking Zeke With First Pick

More Content to Help You Succeed! Subscribe Youtube Channel : Podcasts on Soundcloud.