Lululemon Just Dropped a New 5-Year Plan: What Investors Need to Know
Investors already had good reasons to be excited about Lululemon Athletica's (NASDAQ: LULU) stock. The athleisure apparel specialist is on pace to expand sales by 20% in 2022 following a 23% spike in the most recent fiscal year.
But management has much bigger goals in mind beyond the current $7.5 billion annual revenue target. In fact, during a shareholder presentation, executives just detailed their plan for doubling revenue by 2026.
Here are the key takeaways for investors.
Source Fool.com
