Lululemon Athletica’s first-quarter profit declined as it dealt with several challenges, including disappointing product launches, “negative commentary in the media” and its ongoing sales slump in its biggest market.
Victoria’s Secret & Co. reported a strong start to the year, with double-digit revenue growth across its divisions and its fourth consecutive quarter of positive comps.
Gap Inc. delivered its ninth consecutive quarter of positive comp sales as a strong performance by its namesake brand helped offset sluggish sales at its largest banner, Old Navy.
American Eagle Outfitters Inc. reported record first-quarter revenue as Aerie continued to drive strong growth, offsetting disappointing sales at its namesake banner.
