Lululemon Stock Surges on Strong Earnings and Upgraded Outlook

1 min read
Source: Seeking Alpha
Lululemon Stock Surges on Strong Earnings and Upgraded Outlook
Photo: Seeking Alpha
TL;DR

Lululemon reported strong quarterly earnings, surpassing profit and sales expectations, and achieving double-digit comparable sales growth internationally. The company also raised its fiscal year 2024 guidance, exceeding Wall Street's forecasts, which boosted its stock in after-hours trading.

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