Why Lululemon Athletica Might Just Be Getting Started
Lululemon Athletica (NASDAQ: LULU) is enjoying solid momentum at the start of the holiday shopping season. In an earnings announcement last week and a subsequent conference call with investors, the athleisure retailer revealed strong demand trends and increasing profitability, even if growth slowed as compared to the prior quarter.
CEO Calvin McDonald and his team also boosted their fiscal year outlook for a third straight time in 2021.
Let's take a closer look at Lululemon's fiscal third-quarter results.
Source Fool.com
