Lululemon reports strong Q1 results, exceeding expectations, with stock price soaring 7%.

From Barchart: 2025-03-27 13:30:00

Lululemon Athletica Inc. reported a 31% increase in revenue to $1.73 billion for the first quarter, exceeding expectations. The company’s direct-to-consumer sales surged 55%, driven by strong e-commerce growth. Lululemon also saw a 61% increase in net income to $145 million.

The athletic apparel retailer’s earnings per share came in at $1.11, surpassing analysts’ estimates of $0.91. Lululemon’s same-store sales rose by 88% compared to the same period last year. The company’s gross margin expanded by 360 basis points to 57.3%, reflecting strong sales and effective cost management.

Lululemon’s stock price soared by 7% following the positive earnings report, reaching a new all-time high. The company raised its full-year revenue and earnings guidance, expecting continued strong demand for its products. Lululemon’s success has been attributed to its focus on digital sales and expanding its product offerings.



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