Lululemon Arches Back Toward Growth With Q2 Earnings
Well, that didn't take long.
Three months after posting a revenue slump through the early days of the COVID-19 pandemic, lululemon athletica (NASDAQ: LULU) is growing again. The athletic apparel retailer just revealed a slight second-quarter sales increase even though most of its stores were closed to shopper traffic for several weeks in the period. The quick rebound was powered by robust digital demand that has management feeling good about the second half of the year, too.
Let's take a closer look.
Source Fool.com