Lululemon Athletica (NASDAQ: LULU) has reported a rise in revenues for the primary quarter of 2025. For the second quarter, the athletic put on firm expects a 7-8% development in internet gross sales.
The corporate’s first-quarter income elevated 7% year-over-year to $2.4 billion, with gross sales rising 3% within the Americas and 19% in worldwide markets. Comparable gross sales had been up 1%. First-quarter internet earnings was $314.6 million or $2.60 per share, vs. $321.4 million or $2.54 per share within the corresponding quarter a yr earlier.
Through the quarter, Lululemon repurchased 1.4 million of its shares for $430.4 million. For the second quarter of 2025, the administration expects revenues to be within the vary of $2.535 billion to $2.560 billion, representing a 7-8% development. Earnings per share are anticipated to be between $2.85 and $2.90 In Q2.
For fiscal 2025, it forecasts income within the vary of $11.150 billion to $11.300 billion, representing a 5-7% enhance. Full-year internet earnings, on a per-share foundation, is predicted to be between $14.58 and $14.78.
“In the first quarter, we achieved growth across channels, categories, and markets, including the U.S., reflecting the continued strength and agility of our business model. Additionally, guests responded well to the product innovations, newness, and brand activations we delivered around the world. As we navigate the dynamic macroenvironment, we intend to leverage our strong financial position and competitive advantages to play offense, while we continue to invest in the growth opportunities in front of us,” the corporate’s CEO Calvin McDonald mentioned.