Earnings

Lululemon (LULU) fiscal q2 2019 earnings

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A woman jogs past a Lululemon retail store.

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Lululemon on Thursday reported second quarter earnings that topped analysts’ expectations, sending the athletic apparel retailer’s shares up as much as 5% in after-hours trading.

The company also hiked its full-year outlook. CEO Calvin McDonald said in a statement he sees “significant runway” ahead, as Lululemon continues to push into new categories.

Sales for its men’s business, which has been a key growth driver, climbed 35%, outperforming the growth of its women’s apparel. Revenue in North America was up 21%.

Here’s how Lululemon did for its fiscal second quarter compared with what analysts were expecting, based on…



Source cnbc.com

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