Yoga, running and training apparel brand Lululemon has increased its revenue expectations for the fourth quarter of its current business year, the three-month period ending January 29.

It said it now expected revenues for the quarter to be around $2.7 billion, an increase of more than 25% compared to the same quarter last financial year. This would give the company a full-year revenue figure of more than $8 billion, an increase of 27% year on year.

Chief executive, Calvin McDonald, said 2022 had been a successful year for Lululemon, with “strong traffic” across physical and digital channels.

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