Advertisement
Singapore markets close in 2 hours 12 minutes
  • Straits Times Index

    3,260.55
    +35.38 (+1.10%)
     
  • Nikkei

    37,552.16
    +113.55 (+0.30%)
     
  • Hang Seng

    16,790.22
    +278.53 (+1.69%)
     
  • FTSE 100

    8,023.87
    +128.02 (+1.62%)
     
  • Bitcoin USD

    66,565.98
    +253.35 (+0.38%)
     
  • CMC Crypto 200

    1,403.71
    -11.05 (-0.78%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • Dow

    38,239.98
    +253.58 (+0.67%)
     
  • Nasdaq

    15,451.31
    +169.30 (+1.11%)
     
  • Gold

    2,317.40
    -29.00 (-1.24%)
     
  • Crude Oil

    83.02
    +0.17 (+0.21%)
     
  • 10-Yr Bond

    4.6230
    +0.0080 (+0.17%)
     
  • FTSE Bursa Malaysia

    1,565.08
    +5.49 (+0.35%)
     
  • Jakarta Composite Index

    7,123.59
    +49.77 (+0.70%)
     
  • PSE Index

    6,503.70
    +59.62 (+0.93%)
     

Lululemon Athletica Had 25% Increase in Q1 2018 Sales

Lululemon Athletica Had 25% Increase in Q1 2018 Sales

In its first-quarter results reported on May 31, Lululemon Athletica’s (LULU) top line increased 25% YoY (year-over-year) to $650 million. Analysts surveyed by Thomson Reuters had projected an 18.7% rise in sales to $618 million. The results also exceeded the upper end of management’s guidance of $612 million–$617 million. That was the company’s seventh consecutive top-line beat.