Positive Q1 Results: Lululemon, Lands’ End and Macy’s did More than Just Regain Lost Ground
Retail TouchPoints
JUNE 4, 2021
While year-over-year Q1 2021 results were strong across the board, much of the increases were largely due to comparisons being made to sales during the initial onset of the pandemic. However, some retailers’ results went above and beyond the standard recovery: lululemon athletica beat out sales expectations with higher than expected growth; Lands’ End saw significant growth as a result of listing on third-party sites; and Macy’s turnaround efforts showed signs of yielding new customer growth.
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