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Why Lululemon's 2019 Profits Should Have Grown Nearly 30% Despite A Sharp Increase In Expenses

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Lululemon Athletica Inc. (NASDAQ: LULU) has achieved robust growth over 2015-18, with the company’s revenue increasing a whopping 59%. But the apparel company’s expenses following a similar trend over this period – resulting in profits remaining broadly level.
Lululemon Athletica Inc. (NASDAQ: LULU) has achieved robust growth over 2015-18, with the company’s revenue increasing a whopping 59%. But the apparel company’s expenses following a similar trend over this period – resulting in profits remaining broadly level.

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