Lululemon announces "Power of Three" strategy to drive growth

Building upon a year of growth in 2018, Lululemon Athletica has announced a growth strategy for the next five years. Along with a plan to double men’s and digital revenues and quadruple international revenues, other key financial drivers of the company’s “Power of Three” strategic plan include total annual revenue growth in the low teens for the next five years; modest gross margin expansion annually; operating income growth to exceed revenue growth annually; EPS growth to equal or exceed operating income growth and annual square footage growth in the low double-digits.