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Lululemon shares surge after reporting 24% sales growth, raising full-year guidance

Lululemon (LULU) earnings Q1 2023

Lululemon reported earnings that beat Wall Street’s estimates on the top and bottom lines Thursday and raised its full-year guidance, bolstered by improvements in China and freight costs. Shares of the company surged more than 12% in extended trading. Here’s how the retailer did in its fiscal first quarter compared with what Wall Street was...