Lululemon stock soars, investors celebrate sales, new membership plan

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Lululemon stock soars, investors celebrate sales, new membership plan
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For fiscal 2022, Lululemon expects revenue in the range of $7.865 billion to $7.940 billion and adjusted earnings per share in the range of $9.75 to $9.90.

"Despite the challenges around us in the macro-environment, guest traffic in our stores and on our e-commerce sites remains robust, which speaks to the strength of our multi-dimensional operating model," Chief Financial Officer Meghan Frank said in a statement.store trafficLululemon CEO Calvin McDonald told analysts on the company's second quarter earnings call on Thursday that store traffic increased over 30%, while e-commerce traffic jumped over 40%.

Within the next five years, Lululemon expects 80% of its guests to be part of one of its membership programs.Looking ahead, Lululemon expects net revenue to be in the range of $1.78 billion to 1.81 billion, representing a three-year

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