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Lululemon ups forecast, tops expectations with double-digit earnings growth

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Lululemon reported an 18 per cent surge in profits, raising its fiscal forecast for the year after beating expectations. Read more here.

in U.S. dollars, says net income jumped to US$341.6 million in the three months ended July 30 from US$289.5 million a year earlier.The retailer says net revenue in its second quarter also rose 18 per cent to US$2.21 billion from US$1.87 billion the year before.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.

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