Lululemon Athletica Dances Past the Retail Pileup

The big story in retail this quarter, so far, has been inventories.

Inventories rising to keep ahead of supply chain snarls. Inventories outrunning revenue growth, foreshadowing discounts and shrinking profit margins to come. Inventories absorbing rivers of cash flow and pushing retailers such as Target (NYSE: TGT) and Walmart (NYSE: WMT) into the red.

But none of that is athletic apparel retailer Lululemon Athletica's (NASDAQ: LULU) problem.

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Source Fool.com