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Lululemon Athletica reports 88 percent jump in Q1 sales

For the first quarter of 2021, net revenue at Lululemon Athletica increased 88 percent to 1.2 billion dollars, while on a constant dollar basis, net revenue increased 83 percent. Commenting on the first quarter trading, Calvin McDonald, company’s chief executive officer, stated: “Our first quarter results reflected strength across all drivers of...

Jun 4, 2021