Lululemon Athletica Inc. reported a 7% increase in revenue to $2.5 billion for the second quarter of fiscal 2025.
Net revenue increased in both Americas and International regions, with comparable sales up by 1%.
Diluted earnings per share stood at $3.10 for the quarter.
Revenue Growth
Revenue increased by 7% to $2.5 billion, showing positive performance in both domestic and international markets.
Challenges Faced
U.S. business results and product execution were disappointing, leading to a reevaluation of strategies to enhance performance.
Financial Outlook
Revised full-year outlook with expected net revenue growth of 2% to 4% and adjusted diluted earnings per share of $12.77 to $12.97 for fiscal year 2025.
- Despite international growth, challenges in the U.S. market impacted overall performance.
- The Company's strategic measures to address underperformance reflect a focus on optimizing product offerings and enhancing business operations.
Lululemon Athletica Inc. remains optimistic about its long-term growth prospects despite facing hurdles in its U.S. operations. The company is committed to implementing strategies to strengthen its position in the market and drive continued success.