Investors found new reasons to be excited about Lululemon Athletica’s (NASDAQ:LULU) business this week. The athleisure apparel retailer’s earnings trounced growth expectations in the second quarter, which ended in early August.
Lululemon management also raised its sales and revenue outlook after its margins jumped to new highs. There are some major risks ahead, but the upcoming holiday season could be a blockbuster one for the company.
Let’s dive right in.