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Lululemon: Vietnam Outbreak Impacts 20% of Second-Half Inventory

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Lululemon Athletica says it will surpass its 2023 revenue targets by the end of this year, two years ahead of schedule, as net revenue totals increased 61 percent to $1.45 billion on net income of $208.1 million. With the strong quarter, the company raised its full-year outlook for the second time. In a Nutshell: Lululemon…

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