Lululemon Q3: Strong Results, Cautious Outlook

Lululemons Q3 FY2025 results exceeded expectations with $2.57 billion in sales, a 7.1% increase from last year. Profit per share was $2.59, 17.1% higher than estimated. International growth, particularly in China, drove this success. However, Q4 forecast of $3.54 billion fell short of predictions. Management cites softer US spending, higher tariffs, and inventory management as challenges. Despite these, Lululemon plans to accelerate product innovations, enhance shopping experiences, and launch targeted marketing campaigns amidst leadership transition.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.