Lululemon Stock Pops On High Chinese Demand and Positive Earnings Report

By A Mystery Man Writer

Net revenue grew by 52% in international markets, boosting gross profits by 23% as Lululemon Athletica projects 18% revenue growth for 2023.

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Chinese consumers are flocking back to high-end goods as Lululemon reports a 79% jump in China sales

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Lululemon says its China revenue climbed a whopping 79% in Q1

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