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Lululemon just reported an 85% increase in inventory, but don't expect big holiday sales.  Here's why

1 month ago   |   By Business Insider

A Lululemon store Jeremy Moeller/Getty Image
The sportswear company said Thursday it ordered heavily to meet demand this year.
CEO Calvin McDonald doesn't expect to slash prices to clear merchandise.
Increased inventory, and soft guidance, likely contributed to a drop in the company's stock price.
Lululemon on Thursday reported an 85% year-over-year increase in inventory. But unlike other companies that plan to discount merchandise in an effort to clear bursting stockrooms, the sportswear company isn't expecting to slash prices. "Our inventory levels were too lean last year, and we made...
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