Bernstein Upgrades Lululemon Athletica Inc. (LULU) to Market Perform

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lululemon athletica inc. Announces First Quarter Fiscal 2022 Results

June 2, 2022 4:05 PM EDT

Revenue increased 32% to $1.6 billion

Comparable sales increased 28%, or increased 29% on a constant dollar basis

Diluted EPS of $1.48

VANCOUVER, British Columbia--(BUSINESS WIRE)-- lululemon athletica inc. (NASDAQ: LULU) today announced financial results for the first quarter of fiscal 2022.

Calvin McDonald, Chief Executive Officer, stated: "In the first quarter of 2022, continued momentum in the business enabled us to achieve a strong start to the year. These results provide a solid foundation as we begin our next... More