Lululemon Athletica Posts a Better Quarter, Again
Lululemon Athletica (LULU) is currently firing on all cylinders—top-line growth, margin improvement, stock returns. It has once again finished a quarter with flying colors. It released its first-quarter results on May 31. Total sales increased 25% YoY (year-over-year) (23% on a constant currency basis) to $650 million, reflecting a $32 million (or 5%) surprise.