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Lululemon reports strong Q2, expects to double revenues by 2026

Lululemon Athletica Inc. net revenue increased 18 percent or 20 percent on a constant dollar basis to 2.2 billion dollars. The company's Power of Three ×2 growth plan calls for a doubling of the business from 2021 net revenue of 6.25 billion dollars to 12.5 billion dollars by 2026. The company said in a statement that key pillars of the plan are...