Lululemon Earnings: All-In-One, Stay-At-Home And Reopening Play
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Valued at over $40 billion, expected to produce nearly $6 billion in revenues this year, and growing earnings per share at a robust 20% annual pace since 2018, Lululemon (NASDAQ:LULU) is an impressive apparel company. The athleisure retailer did not disappoint when it delivered its second best revenue beat of the past five years (and likely ever) in the first quarter of 2021.
It is hard to find a single area of concern in Lululemon’s…