Whoa: Lululemon Made an Insane Amount of Money in Just Three Months
If it seems like everyone owns a pair of Lululemon leggings (or two or three), you're not imagining it: Recent sales figures confirm that the brand is having a major moment right now. According to Forbes, Lululemon experienced better-than-expected holiday sales, with net revenue amounting between $775 million and $785 million for the fourth quarter of 2016—yes, that's just three months of sales!
"We had a strong holiday season in both our store and digital channels driven by our assortment, operational execution, and guest experience,” Lululemon's CEO, Laurent Potdevin, told Forbes. And that's not all: According to the magazine, retail analysts expect that the brand will continue to pick up steam in 2017 and exceed expectations yet again. So don't feel bad about how much of your paycheck you've spent on those leggings you love—many other shoppers are in the same boat.
Head over to Forbes to learn more about the brand's recent growth, and scroll down to shop our favorite Lululemon picks!
What's your favorite Lululemon piece of all time? Tell us in the comments below.