The Traderszone Network

Published in TZ Latest News 11 September, 2014 by The TZ Newswire Staff

Lululemon shoots up on ‘better than feared’ revenue

Earnings per share were 33 cents compared to a 30 cent estimate. In a statement on the results CEO Laurent Potdevin said, “While there is still much to be done, we are making meaningful progress on building a scalable foundation for our next phase of global growth.” As Potdevin alluded it has been a rough year for Lululemon. Billionaire founder Chip Wilson then got into hot water when he blamed the sheerness on the shape of women’s bodies.