Lululemon expects better things to come following strong quarter
September 9, 2021
Lululemon exceeded Wall Street’s expectations for sales and earnings as both its men’s and women’s lines saw solid growth. CEO Calvin McDonald said the company’s apparel is in high demand because it is “ideal for enabling the work-from-home and versatile lifestyle that has grown exponentially in the COVID-19 world.” He said that men’s sales are picking up and that there are further opportunities for growth as the chain expands into more inclusive sizing for women.
Recent News
What Is Wayfair’s Way Day Event?
This once-a-year sale can save shoppers a pretty penny.
Planters Nuts Recalled in 5 States Due to Listeria Fears
Those who live in Florida, Georgia, Alabama, North Carolina, and South Carolina should check their pantries.
Hyundai Invests $1 Billion in AV Startup Motional
Hyundai is set to invest almost $1 billion in Motional, securing a majority stake in the self-driving startup and providing vital capital for its ongoing operations.
Disney World’s Theme Parks Are Emerging as a Prime Location for Remote Workers
An increasing amount of people are opting to work remotely from Disney World theme parks.