Lululemon (LULU) is up more than 13% in Wednesday midday Trading. The Vancouver-based retailer reported healthy gains in its fourth quarter results after the close Tuesday.
“In the fourth quarter and full year 2022, we delivered strong results across the business driven by our innovative products, powerful guest experiences, and strategic market expansion. … As we enter 2023, we look forward to another year of strong momentum across the globe and delivering on our Power of Three ×2 growth plan,” stated CEO Calvin McDonald in its Q4 2022 press release.
