Growth Across Product Categories Knocks Lululemon Out of Its Two Year Slump

In the first quarter, Lululemon reported total sales of $423.5 million, a 10% increase compared to the first quarter in fiscal 2014. On a constant-dollar basis, comparable sales, which include comparable store sales and direct-to-consumer sales, were up 6% year on year. The increase in revenue was driven by total comparable sales growth on a combined basis including e-commerce of 6%, which was comprised of a bricks and mortar comp store sales decrease of 1% and a 31% growth online, all on a cons...