Lululemon's strength has long been women's yoga pants and workout clothing, but it's expanding beyond that.
. After adjusting for currency fluctuations, same-store sales were up 17% for the year, making it one of the company's strongest years to date, CEO Calvin McDonald said in a call with investors on Wednesday afternoon.
As the athleisure craze took off, Lululemon looked to capitalize by offering additional casual, non-athletic wear, and even business casual clothing. Its expansion into business casual has been"well received and superbly executed," Saunders said in a note to clients on Wednesday.
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