Lululemon Athletica (NASDAQ:) shares jumped 2% after-hours Thursday after the corporate beat on the highest and backside line within the first quarter and lifted its outlook.

The athleisure attire maker income surged 32% to $1.6 billion as complete comparable gross sales elevated 28%. This simply topped the consensus of $1.53 billion. The corporate posted EPS of $1.48, versus the consensus of $1.43.

CFO Meghan Frank mentioned whereas not proof against challenges from COVID-19, provide chain disruptions, and inflationary strain, their “omni working mannequin, balanced development technique, and distinctive strategy towards innovation allow the optimistic outcomes we’re reporting at the moment and anticipate for the complete 12 months.”

Trying on the present quarter, the corporate sees income of $1.75-1.775 billion, versus the consensus of $1.71 billion. They see adjusted EPS of $1.82-$1.87, versus the consensus of $1.77.

For the 12 months, lululemon sees income of $7.61-7.71 billion, versus the consensus of $7.54 billion. They see FY2022 adjusted EPS of $9.35-$9.50, versus the consensus of $9.28.

In April, lululemon introduced its Three ×2 development technique to allow it to double income to $12.5 billion by 2026.