Lululemon forecasts strong 2022 earnings on demand for athletic wear

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Lululemon forecast full-year 2022 revenue between $7.49 billion and $7.62 billion, while analysts are expecting $7.30 billion

It also forecast full-year profit between $9.15 and $9.35 per share, compared to estimates of $9.06 per share. Your time is valuable. Have the Top Business Headlines newsletter conveniently delivered to your inbox in the morning or evening.

 

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This is a prediction after years of growth led by the work at home shift during C19, and as we go back to office wear. Wow, didn’t they just have some financial issues a couple years ago. What happened internally to make this sort of predictions? RUN FROM THIS INVESTMENT!

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