Lululemon Athletica's Earnings Show Solid Momentum Through Early February
Investors were optimistic heading into lululemon athletica's (NASDAQ: LULU) fourth-quarter earnings report. While the yoga apparel specialist faced retail disruption in China, expectations were high following three straight quarters of surprisingly strong sales growth.
On Thursday, the company extended that streak to four, mainly thanks to support from its booming digital selling channel. CEO Calvin McDonald and his team also expressed confidence about the long-term growth outlook even as they declined to issue a detailed forecast for fiscal 2020.
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Source Fool.com
