Lululemon Continues to Outperform

Lululemon is still stretching the limits in the world of ath-leisure. The apparel, accessories and footwear company, known for its luxury yoga pants, improved on both top and bottom lines last quarter, marking the eighth consecutive quarter of earnings growth. For the fourth quarter 2018, or the period ending Feb. 3, revenues jumped to $1.16 billion, up from $928 million during the same period last year. That’s a 26 percent increase. Profits also increased to $218.4 million, compared with $119.7 million last year. The stock, which closed up 2.26 percent to $146.80 a share on Wednesday before the results were announced, is up nearly 65 percent year-over-year, and continued to rise during after-hours trading by more than 13 percent.  “Lululemon has delivered one of its strongest years yet, a result of broad-based strength across the business,” chief executive officer Calvin McDonald said in a statement. “We are energized to build upon our momentum and to seize the many opportunities ahead for Lululemon around the world.” McDonald added on the conference call Wednesday evening that Lululemon — which generates nearly 90 percent of sales in North America — will continue to expand internationally in markets like Japan, China, France and Germany, as the

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