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You are a junior analyst and you have been asked to forecast sales for Lululemon for 2 0 X 2 . At the end of

You are a junior analyst and you have been asked to forecast sales for Lululemon for 20X2. At the end of 20X1, Lululemon operated 155 corporate-owned stores in North America (47 in Canada and 108 in the United States). Lululemon plans to open 25 new stores in 20X2. The average store has 2,600 square feet of retail space. In 20X1, Lululemon stores generated sales per square foot (SSF) of $2,000, and Lululemon expects same-store sales growth of 10% in 20X2. Use this information to forecast sales for 20X2.(Assume that new stores only generate half of the sales of existing stores.)Responses$958M$958M$927M$927M$980M$980M$901M

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