When you think of Lululemon, you probably picture women in Align leggings and crossbody belt bags. But that’s only half the story. Because somewhere along the way, Lululemon also became a guy thing.

As part of its Power of Three ×2 growth strategy, lululemon athletica inc. LULU continues to lean into two major bets, expanding its men’s category and growing its presence in footwear. In the first ...