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Earnings Summary: Highlights of Lululemon’s Q2 2025 earnings report

Lululemon Athletica (NASDAQ: LULU) has reported lower net income for the second quarter of FY25, despite an increase in revenues. Q2 net revenue increased 7% year-over-year to $2.5 billion, or grew 6% on a constant dollar basis Americas’ net revenue edged up 1% in Q2; International net revenue increased 22%, or 20% on a constant […]

September 8, 2025 1 min read

Lululemon Athletica (NASDAQ: LULU) has reported lower net income for the second quarter of FY25, despite an increase in revenues. Q2 net revenue increased 7% year-over-year to $2.5 billion, or grew 6% on a constant dollar basis Americas’ net revenue edged up 1% in Q2; International net revenue increased 22%, or 20% on a constant […]

· September 8, 2025

Lululemon Athletica (NASDAQ: LULU) has reported lower net income for the second quarter of FY25, despite an increase in revenues.

  • Q2 net revenue increased 7% year-over-year to $2.5 billion, or grew 6% on a constant dollar basis
  • Americas’ net revenue edged up 1% in Q2; International net revenue increased 22%, or 20% on a constant dollar basis
  • Second-quarter comparable sales moved up1%; Americas’ comparable sales decreased 4%, while Intl. comps rose 15%
  • Net income declined to $371 million in the July quarter from $393 million in the comparable quarter of FY24
  • On a per-share basis, Q4 earnings declined to $3.10 from $3.15 in the second quarter of 2024
  • During the quarter, Lululemon repurchased 1.1 million of its shares for a cost of $278.5 million
  • It added 14 net new company-operated stores, ending the second quarter with a total of 784 stores
  • For the third quarter of 2025, the company expects net revenue to be in the range of $2.470 billion to $2.500 billion
  • Earnings per share are expected to be in the range of $2.18 to $2.23 for the third quarter
  • For fiscal 2025, the company now expects net revenue to be in the range of $10.850 billion to $11.000 billion
  • Full-year earnings per share are now expected to be in the range of $12.77 to $12.97
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