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What Drove the Expansion in Lululemon’s Q1 Margins

Sharon Bailey
What Drove the Expansion in Lululemon’s Q1 Margins

Lululemon (LULU) impressed investors with double-digit growth in its sales as well as earnings in the first quarter of fiscal 2019, which ended on May 5. The company also saw improved margins in the first quarter—even amid an uncertain macro environment and a challenging retail space.