Lululemon Athletica Inc. on Friday posted second-quarter results that beat Wall Street’s estimates by 8 cents.
For the three months ended July 29, the company said net income attributable to Lululemon shareholders rose 49.1 percent to $57.2 million, or 39 cents a diluted share, from $38.4 million, or 26 cents, in the year-ago quarter. Wall Street’s consensus was 31 cents. Net revenues for the period rose 33.1 percent to $282.6 million from $212.3 million, while comparable-store sales rose 15 percent on a constant-dollar basis.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"