Market Updates
lululemon Earnings Up 32%, Another $1 Billion Share Buyback Plan
Scott Peters
29 Mar, 2022
New York City
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lululemon athletica reported fourth quarter total revenues increased 23% to $2.1 billion on growth of 21% in North America and 35% in international sales. Total comparable store sales increased 32%. The retailer added 22 new stores in the quarter totaling 574. Net income increased to $434 million from $329.8 million and earnings per share rose to $3.36 from $2.52.
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