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Lululemon reports strong Q4 sales growth, exceeding $3.5 billion, and raises earnings forecast.
Lululemon Athletica is exceeding sales expectations for the fourth quarter, with projected growth of 11% to 12%, reaching between $3.56 billion and $3.58 billion.
The company's strong holiday sales indicate resilience against competition and slower consumer spending.
Lululemon also raised its earnings per share forecast, aiming for $5.85.
The company plans to expand internationally, boost online sales, and introduce more men's products to hit its $12.5 billion annual revenue target by 2026.
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Lululemon reporta un fuerte crecimiento de las ventas del Q4, superando los $3.5 mil millones, y aumenta las previsiones de ganancias.