Revenue soared by 22% to $883 million during the second quarter, topping Wall Street analyst estimates of $846 million. This growth was driven by a 30% rise in online sales, plus a 10% jump in sales at its existing stores.
The company also upped its sales and profit outlook. It is now forecasting that it will haul in $3.8 billion to $3.84 billion in sales in 2019. That is up from a previous forecast of $3.73 billion to $3.77 billion in sales. Lululemon also said it sees full-year earnings of $4.63 to $4.70 per share, up from a previous projection of $4.51 to $4.58.
Read the Lululemon release;