Slowdown in Comps Hits lululemon's (LULU) Q4 Results, Outlook; FBR Affirms at 'Underperform'
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lululemon athletica inc. Announces Fourth Quarter and Full Year Fiscal 2015 Results
March 30, 2016 6:00 AM EDTlululemon achieves $2 billion revenue milestone
VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the fourth quarter and fiscal year ended January 31, 2016.
Laurent Potdevin, lululemon's CEO, stated: "I'm very pleased with our strong finish to the year with positive momentum across all channels. Our Q4 results are a reflection of our ability to deliver a truly unique experience to our guests, led, as always, by our outstanding store educators."
Mr. Potdevin continued: "In 2015, we made bold moves across the organization, elevating... More
