Lululemon posts strong revenue growth in Q2

Lululemon Athletica Inc., for the second quarter ended August 4, 2019 reported net revenue of 883.4 million dollars, an increase of 22 percent compared to the second quarter of fiscal 2018. On a constant dollar basis, the company said, net revenue increased 23 percent. Total comparable sales increased 15 percent or 17 percent on a constant dollar basis, while comparable store sales increased 10 percent or 11 percent on a constant dollar basis.