Lululemon’s shares hit record high on upbeat results

2018-06-07T00:00:00

After a particularly strong 2017, Lululemon Athletica continued on its upward trend during the first quarter ended April 29. Thanks to higher-than-expected sales from a revamped e-commerce platform, the company's results largely exceeded analysts' expectations and the company's own guidance. Revenues were up by 25 percent to $650 million, or ...

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