U.S. Markets closed

Lululemon Is Optimistic about Margin Gains

Sonya Bells
Lululemon Is Optimistic about Margin Gains

Lululemon Athletica (LULU) delivered a stellar financial performance during fiscal 2017. Its EPS grew 21% YoY (year-over-year) to $2.60, driven by improved sales, gross margin growth, and lower SG&A (sales, general, and administrative) expenses. The yoga-inspired athletic apparel retailer outperformed Wall Street expectations in all four quarters of the year.