Lululemon Shares Soar After Earnings and Revenue Beat in Q2

September 1, 2022

The Vancouver, British Columbia-based athleisure brand Lululemon reported that second quarter net revenues increased 29% to $1.9 billion versus an expected $1.77 billion. In North America, revenues increased 28%. Adjusted diluted earnings per share were $2.20 compared to $1.86 expected. Same store sales were up 23%. FN