Strong holiday period for Lululemon
13/01/2015
It now expects it to be between range of $595 million and $600 rather than between $570 million and $585 million after strong sales in the holiday period.
"Backed by improving trends and strong holiday results, we are entering 2015 in very good shape. Our guests are responding positively to both the women's and men's product assortment, and with the build-out of our senior leadership team near completion, I feel confident in our ability to execute on our growth strategies," said Laurent Potdevin, CEO of lululemon athletica.
"Over the coming year, we will complete the critical foundational business improvements already under way while also making disciplined, strategic investments in our brand, product, guest (consumer) experience and international expansion efforts, with the expectation that we will begin to see operating margin leverage in 2016.”
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