Growth of almost 30% for Lululemon
09/12/2022
Yogawear brand Lululemon has reported revenues of $5.33 billion for the first nine months of its current financial year, the period ending October 31.
This figure represents growth of almost 30% year on year.
Chief executive, Calvin McDonald, said the brand’s momentum was testament to its products, its “deep community relationships” and the hard work of its people.
The company now expects full-year revenues of around $7.9 billion.
Lululemon is based in Vancouver, but is listed on the NASDAQ exchange and reports its results in US dollars.
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