invest1 publisher
Lululemon's highest-margin product fell 20% in the quarter before O'Neill took over
Leggings are about a third of Lululemon's $11 billion in revenue and its best margin, so a 20% quarterly drop accounts for more than half of the 12% North American comparable-sales decline Heidi O'Neill inherited on Tuesday.
Publishers:fortune.com
Reality
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- Adoption55
- Hype gap+15
- Incentives62
- Confidence55