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Lululemon Might Reach Its Financial Target Ahead of Schedule. Time to Buy?

Lululemon Might Reach Its Financial Target Ahead of Schedule. Time to Buy?

About a year ago, Lululemon Athletica's (NASDAQ: LULU) management team, led by CEO Calvin McDonald, released a new and improved financial outlook, called the "Power of Three x2" strategy. Lululemon had achieved its previous goals ahead of schedule, so the upgraded financial targets were necessary. During its fiscal 2022 (ended Jan. 29), Lululemon registered revenue of $8.1 billion, up 30% year over year.