The Vancouver-based athleisure retailer’s shares closed up 6.7 per cent at US$314.17 after it said it expects its 2022 net revenue to reach between US$7.87 billion and US$7.94 billion, up from the US$7.61 billion to US$7.71 billion expected three months ago. (The Logic)

Talking point: The company updated its guidance in its second-quarter earnings report, which included a 29 per cent bump in net revenue and 23 per cent jump in comparable sales. The growth comes amid a “difficult macroeconomic environment,” including supply-chain issues, said CEO Calvin McDonald during a call with analysts after markets closed Thursday. He attributed the upgraded outlook to equal success among the three priorities of its new growth plan, which focuses on its men’s, digital and international businesses. Lululemon has been making efforts to transform into a digital company with big moves including its US$500-million acquisition of at-home, connected fitness device Mirror, which has not gone smoothly.