Lululemon Forecasts Strong Full-year Revenue

Lululemon Forecasts Strong Full-year Revenue

(Reuters) – Lululemon Athletica forecast full-year revenue above analysts’ estimates on Tuesday, signaling demand for athletic wear would remain consistent even as people return to offices and resume travel.

The company forecast full-year 2022 revenue between $7.49 billion and $7.62 billion, while analysts are expecting $7.30 billion, according to IBES data from Refinitiv.

(Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Shailesh Kuber)