Lululemon shares rally on restructuring of girls’ stores

Jun 2, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

TORONTO (Reuters) – Lululemon Athletica Inc shares rallied as much as 16 percent on Friday as investors responded to better-then-expected quarterly results and news that it would close most of the stores in its girls apparel unit.