Welcome to our dedicated page for Lululemon news (Ticker: LULU), a resource for investors and traders seeking the latest updates and insights on Lululemon stock.
Lululemon Athletica (LULU) is a global leader in technical athletic apparel, renowned for innovation in yoga and performance wear. This page aggregates official news releases and verified updates, providing stakeholders with timely insights into corporate developments.
Investors and analysts will find curated financial announcements, including quarterly earnings, strategic partnerships, and operational milestones. Track product launches, sustainability initiatives, and retail expansions alongside market-moving disclosures.
All content is organized for quick scanning while maintaining journalistic rigor. Key categories include corporate governance updates, supply chain developments, and consumer trend responses. Bookmark this page for direct access to unfiltered information from Lululemon's investor relations team and authorized news sources.
Lululemon (NASDAQ:LULU) reported strong Q4 and full-year fiscal 2024 results, with Q4 revenue rising 13% to $3.6 billion and diluted EPS of $6.14. Full-year revenue increased 10% to $10.6 billion with diluted EPS of $14.64.
Q4 highlights include international revenue growth of 38%, gross profit increase of 15% to $2.2 billion, and operating margin improvement of 40 basis points to 28.9%. The company opened 18 net new stores in Q4, ending with 767 locations.
For fiscal 2025, Lululemon projects Q1 revenue between $2.335-2.355 billion (6-7% growth) and full-year revenue of $11.15-11.3 billion (5-7% growth). The company maintains its Power of Three ×2 growth plan, aiming to double 2021's revenue to $12.5 billion by 2026.
lululemon (NASDAQ: LULU) has announced its Centre for Social Impact has reached its goal of providing 10 million people with access to wellbeing resources by 2025. The company is introducing a new cohort of 100 non-profit organizations as part of its 2025 Community Wellbeing Grant program.
The initiative focuses on three key areas: building community resilience, supporting movement-based activities, and expanding mental health support access. The program has awarded over $4 million USD in grants, with an average grant of $43,000 USD per organization, aiming to impact more than 500,000 individuals globally.
Since launching in 2021, the Centre has partnered with nearly 300 organizations across 18 markets to advance inclusive access to wellbeing. The company plans to announce its 2030 Impact goals later this year.
Lululemon (NASDAQ: LULU) has scheduled its fourth quarter and full year fiscal 2024 earnings conference call for Thursday, March 27, 2025, at 4:30 p.m. Eastern time. The company will host a conference call to discuss financial results, accessible via phone by dialing (844) 763-8274 for domestic calls or (647) 484-8814 for international participants. Interested parties should dial in approximately 10 minutes before the call starts.
A live webcast will be available on the company's investor relations website, with a replay accessible approximately 2 hours after the live call.
Lululemon (NASDAQ:LULU) has updated its Q4 fiscal 2024 guidance, projecting stronger performance than previously anticipated. The company now expects net revenue between $3.560-3.580 billion, representing 11-12% growth compared to Q4 fiscal 2023, or 6-7% excluding the 53rd week of 2024. This exceeds their previous guidance of $3.475-3.510 billion.
The company raised its diluted EPS guidance to $5.81-5.85, up from $5.56-5.64. Gross margin is now expected to increase by approximately 30 basis points compared to Q4 fiscal 2023, an improvement from the previous forecast of a 20-30 basis point decrease. SG&A expense deleverage is projected at 80-90 basis points, slightly better than the previous 90-100 basis points guidance.
According to CFO Meghan Frank, the improved outlook reflects strong customer response to their product offering during the holiday season.
Dutch Bros Coffee (NYSE: BROS) has appointed Venki Krishnababu as their new Chief Technology and Information Officer, effective December 16, 2024. Krishnababu brings nearly 30 years of experience in technology leadership, previously serving as Chief Technology Officer at lululemon athletica, Premera Blue Cross, and holding various leadership roles at Nordstrom.
The appointment aligns with Dutch Bros' strategy to enhance customer experience through technology investment. The company, which operates more than 950 locations across 18 states as of September 30, 2024, focuses on serving hand-crafted beverages with speed and superior service. CEO Christine Barone highlighted Krishnababu's expertise in data analytics, cybersecurity, and digital transformations, as well as his people-centric leadership approach.
Lululemon reported strong Q3 fiscal 2024 results with revenue increasing 9% to $2.4 billion and comparable sales up 4%. International revenue showed significant growth of 33%, while Americas revenue grew 2%. The company's gross profit increased 12% to $1.4 billion, with gross margin expanding 150 basis points to 58.5%. Diluted EPS reached $2.87, up from $1.96 in Q3 2023.
The Board authorized a $1.0 billion increase in its stock repurchase program, bringing total authorization to approximately $1.8 billion. For Q4 2024, Lululemon expects revenue between $3.475-$3.510 billion and full-year 2024 revenue of $10.452-$10.487 billion, representing 9% growth.
lululemon athletica (NASDAQ: LULU) has scheduled its third quarter fiscal 2024 earnings conference call for Thursday, December 5, 2024, at 4:30 p.m. Eastern time. Participants can join via phone by dialing (844) 763-8274 domestically or (647) 484-8814 internationally. A live webcast will be available on the company's investor relations website, with a replay accessible approximately 2 hours after the live call.
lululemon's 2024 Global Wellbeing Report reveals a paradoxical trend: the intense pursuit of wellbeing is causing stress. Key findings include:
- 89% of people are taking more action to improve wellbeing compared to last year
- Nearly two-thirds struggle with societal pressure to support wellbeing
- Almost half experience "wellbeing burnout"
- Wellbeing Index Scores have remained stagnant globally over four years
The report suggests three strategies to overcome burnout: quieting the noise, doing what feels good, and inviting others on the journey. Notably, moving with others can improve overall wellbeing by 16%.
In response, lululemon announced a $3.1M USD commitment to mental health organizations and plans to host free movement-based community activations globally from October 7-12, 2024.
lululemon athletica (NASDAQ:LULU) reported strong Q2 fiscal 2024 results, with revenue increasing 7% to $2.4 billion and comparable sales up 2% (3% on a constant dollar basis). Diluted EPS rose to $3.15, up from $2.68 in Q2 2023. The company saw significant growth in its international business, with revenue up 29% and comparable sales increasing 19%. However, the Americas segment showed slower growth, with revenue up only 1% and comparable sales decreasing 3%.
Gross profit increased 9% to $1.4 billion, with gross margin expanding 80 basis points to 59.6%. The company opened 10 net new stores, ending the quarter with 721 locations. For Q3 2024, lululemon expects revenue between $2.340-$2.365 billion and EPS of $2.68-$2.73. The full-year 2024 outlook projects revenue of $10.375-$10.475 billion and EPS of $13.95-$14.15.
lululemon athletica (NASDAQ: LULU) has announced its upcoming second quarter fiscal 2024 earnings conference call, scheduled for Thursday, August 29, 2024. The company will release its financial results and host a conference call at 4:30 p.m. Eastern time to discuss the outcomes. Interested participants can join the call by dialing (844) 763-8274 or (647) 484-8814 for international callers, approximately 10 minutes before the start time. A live webcast of the conference call will be available on the company's investor relations website, with a replay accessible online about 2 hours after the live call concludes.
