Lululemon Powers On, Topping Estimates and Raising Its Outlook

June 2, 2023

The economic realities of the moment — with worried consumers, high inflation and high interest rates — don’t seem to apply to Lululemon Athletica Inc.

Shares of the buzzy active company shot up 13.7 percent on Thursday to $373.37 after it continued to grow rapidly, topping first-quarter profit and sales projections and raising its outlook for the year. Yahoo Life