(Reuters) - Lululemon Athletica raised its annual revenue forecast on Thursday betting on resilient demand for its athletic wear in the United States during the holiday shopping season.

The company's shares rose 4% to $358 in extended trading.

Lululemon, like its peers, has had to keep its foot on the pedal when it comes to introducing fresh colors and prints for its leggings to keep consumers engaged.

The company now expects fiscal year 2024 revenue between $10.452 billion and $10.487 billion, compared with its prior forecast range of $10.375 billion to $10.475 billion.