Lululemon Athletica Inc. Q3 2025 Earnings Recap

LULU Q3 2025 December 12, 2025

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Lululemon reported a mixed performance in Q3 2025, with a 2% revenue decline in the U.S. but a robust 33% increase internationally, primarily driven by unprecedented growth in the China Mainland market.

Earnings Per Share Beat

$2.59 vs $2.22 est.

+16.7% surprise

Revenue Beat

2565920000 vs 2482105039 est.

+3.4% surprise

Market Reaction

1-Day +9.64%

5-Day +15.77%

30-Day +12.7%

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Key Takeaways

U.S. total revenue declined 2%, with a 3% drop in the U.S. market and a 1% decline in Canada.
International revenue surged 33%, led by a 46% increase in China Mainland.
The company maintains a strong financial position with $1 billion in cash and no debt.
Leadership transition announced as CEO Calvin McDonald will step down on January 31, 2026, with Meghan Frank and Andre Maestrini appointed as co-CEOs.
Q4 revenue growth is expected to decline due to calendar shifts affecting sales trends.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit LULU on AllInvestView.