VANCOUVER - Lululemon Athletica Inc. is planning to expand its product offering and roll out a national loyalty membership plan after its profit surged more than 80 per cent in its most recent quarter, blowing past analysts’ expectations. Lululemon Athletica Inc. is planning to expand its product offering and roll out a national loyalty membership plan after its profit surged more than 80 per cent in its most recent quarter, blowing past analysts' expectations. Lululemon will share more details on its plans for that category at its analyst day in New York next month, he said. Lululemon also recently expanded its pilot of a loyalty program to Denver, where it claimed the test exceeded expectations. Net revenue for the year was $3.29 billion, up 24 per cent from $2.65 billion a year earlier.

Source: thestar March 27, 2019 21:29 UTC