Earnings summaries and quarterly performance for lululemon athletica.
Executive leadership at lululemon athletica.
Calvin McDonald
Detailed
Chief Executive Officer
CEO
AM
André Maestrini
Detailed
Executive Vice President, International
CB
Celeste Burgoyne
Detailed
President, Americas and Global Guest Innovation
MF
Meghan Frank
Detailed
Chief Financial Officer
NN
Nikki Neuburger
Detailed
Chief Brand & Product Activation Officer
RD
Ranju Das
Detailed
Chief AI & Technology Officer
Board of directors at lululemon athletica.
Research analysts who have asked questions during lululemon athletica earnings calls.
Alex Straton
Morgan Stanley
8 questions for LULU
Also covers: AEO, ANF, AS +17 more
BR
Brooke Roach
Goldman Sachs Group, Inc.
8 questions for LULU
Also covers: , AS, BURL +23 more
MB
Matthew Boss
JPMorgan Chase & Co.
8 questions for LULU
Also covers: , AEO, ANF +38 more
MB
Michael Binetti
Evercore ISI
8 questions for LULU
Also covers: , AS, BIRK +16 more
PL
Paul Lejuez
Citigroup
8 questions for LULU
Also covers: , ACI, AEO +36 more
Janine Stichter
BTIG
7 questions for LULU
Also covers: AEO, ANF, BIRK +13 more
John Kernan
Cowen Inc.
6 questions for LULU
Also covers: , AS, ASO +15 more
Dana Telsey
Telsey Advisory Group
5 questions for LULU
Also covers: , AEO, AKA +44 more
Lorraine Hutchinson
Bank of America
5 questions for LULU
Also covers: AS, BBWI, BIRK +18 more
JS
Jay Sole
UBS
4 questions for LULU
Also covers: , AEO, AS +27 more
MA
Mark Altschwager
Robert W. Baird & Co.
4 questions for LULU
Also covers: BBWI, BIRK, BURL +11 more
AY
Adrienne Yih-Tennant
Barclays
2 questions for LULU
Also covers: AEO, ANF, BBWI +18 more
Aneesha Sherman
AllianceBernstein
2 questions for LULU
Also covers: , CPRI, NKE +5 more
BN
Brian Nagel
Oppenheimer & Co. Inc.
2 questions for LULU
Also covers: ASO, AZO, BBY +17 more
IB
Irwin Boruchow
Wells Fargo Securities
2 questions for LULU
Also covers: , BBWI, BURL +18 more
JH
Janine Hoffman Stichter
Stifel
2 questions for LULU
Also covers: , BIRK, FL +6 more
LM
Lorraine Maikis
Bank of America
2 questions for LULU
Also covers: , AS, BBWI +9 more
RP
Rakesh Patel
Raymond James
2 questions for LULU
Also covers: AEO, ANF, BYON +8 more
SZ
Sharon Zackfia
William Blair & Company
2 questions for LULU
Also covers: BIRK, BJRI, BROS +16 more
AY
Adrianne Yih
Barclays PLC
1 question for LULU
Also covers: BBWI
IB
Ike Boruchow
Wells Fargo
1 question for LULU
Also covers: AS, BBWI, BURL +18 more
Recent press releases and 8-K filings for LULU.
lululemon expands into six new international markets in 2026
LULU
New Projects/Investments
- lululemon will open stores in six new markets in 2026—Greece, Austria, Poland, Hungary, Romania, and India—via franchise partnerships.
- This marks a record number of market entries in a single year, building on its footprint in over 30 global markets.
- European guests will shop online through lululemon.eu, while Indian customers can purchase via Tata CLiQ Luxury and Tata CLiQ Fashion.
- The expansion follows recent franchise openings in Italy, Denmark, Turkey, and Belgium, reinforcing lululemon’s international growth strategy.
Dec 18, 2025, 11:30 AM
lululemon founder criticizes board’s succession planning
LULU
Board Change
CEO Change
- Founder and largest shareholder Chip Wilson asserts the board has again failed at succession planning following recent leadership changes.
- Wilson points to a 62.8% drop in LULU’s share price under CEO Calvin McDonald over the past two years as evidence of value destruction.
- He calls for the appointment of new, independent directors with specific expertise to lead the CEO search process.
- Despite concerns, Wilson reaffirms confidence in the strength of the lululemon brand and notes there are qualified CEO candidates in the retail and apparel sectors.
Dec 12, 2025, 12:00 PM
Lululemon reports Q3 2026 results
LULU
Earnings
Guidance Update
Management Change
- Lululemon’s Q3 net revenue rose 7% to $2.6 billion, with net income of $307 million and EPS of $2.59; gross profit margin was 55.6%, down 290 bps due to higher tariffs and markdowns.
- Americas revenue declined 2% (U.S. down 3%, Canada down 1%), while China Mainland revenue surged 46% (47% CC) and rest of world grew 19%; digital sales increased 13% to $1.1 billion (42% of total).
- FY2025 revenue is now expected at $10.96 billion–$11.05 billion (+4% YoY) with EPS of $12.92–$13.02 and a gross margin decline of 270 bps; Q4 revenue is guided to $3.50 billion–$3.59 billion (–3% to –1%) and EPS of $4.66–$4.76.
- CEO Calvin McDonald will transition to a co-CEO structure alongside André Maestrini and Executive Chair Marty Morfitt, with merchandising and design functions reporting to CFO Meghan, as part of a broader management realignment.
Dec 11, 2025, 9:30 PM
Lululemon Athletica reports Q3 2026 results and CEO transition
LULU
Earnings
CEO Change
Guidance Update
- CEO Calvin McDonald to step down on January 31, 2026, after seven years; Meghan Frank and André Maestrini named interim co-CEOs, with McDonald advising through March 2026.
- Q3 net revenue of $2.6 billion (+7% YoY) and comparable sales +2%; Americas down 2% (U.S. –3%, Canada –1%), China Mainland +46%, Rest of World +19%; digital sales +13% to $1.1 billion (42% of total).
- Updated 2025 revenue guidance to $10.96–$11.05 billion (+4% YoY; +5–6% ex-53rd week); Q4 revenue guided to $3.50–$3.59 billion (–1% to –3% YoY; +2–4% incl. 53rd week); FY EPS raised to $12.92–$13.02.
- Three-pillar action plan to inflect U.S. growth in 2026—product creation (new style penetration to 35%), product activation (localized assortments, digital enhancements), and enterprise efficiency (tariff mitigation, cost savings).
Dec 11, 2025, 9:30 PM
lululemon reports Q3 FY2026 earnings
LULU
Earnings
- Total revenue was $2.6 B, up 7%, and diluted EPS was $2.59, down 10%, with comparable sales up 2% in Q3 FY2026.
- Women’s apparel revenue grew 6%, men’s apparel 8%, and accessories 12%; digital revenue rose 13% while store revenue was flat.
- International revenue increased 33% versus a 2% decline in the Americas, led by strength in China Mainland, APAC, and EMEA.
- Management highlighted progress on U.S. business initiatives, expects the impact to materialize in 2026, and remains encouraged by early holiday season trends.
Dec 11, 2025, 9:30 PM
lululemon athletica announces Q3 fiscal 2025 results
LULU
Earnings
Share Buyback
Guidance Update
- Net revenue increased 7% to $2.6 billion; comparable sales rose 1% overall (2% constant currency), driven by 33% international growth despite a 2% decline in Americas.
- Gross profit of $1.4 billion (+2%) and 55.6% gross margin (–290 bps); operating income of $435.9 million (–11%) with a 17.0% operating margin (–350 bps); diluted EPS of $2.59 vs $2.87 prior year.
- Opened 12 net new stores to reach 796 company-operated locations; ending inventory up 11% to $2.0 billion.
- Repurchased 1.0 million shares for $189.0 million and board approved a $1.0 billion increase to the share repurchase program (approx. $1.6 billion authorized remaining).
- Forecasts Q4 net revenue of $3.500–$3.585 billion (down 3%–1%; up 2%–4% ex-53rd week) and EPS of $4.66–$4.76.
Dec 11, 2025, 9:08 PM
lululemon announces Q3 FY25 results and buyback increase
LULU
Earnings
Share Buyback
- Net revenue rose 7% to $2.6 billion in Q3 FY25, driven by a 33% increase in international sales while Americas sales declined 2%.
- Diluted EPS was $2.59, down from $2.87 in Q3 FY24, and gross margin compressed by 290 bps to 55.6%.
- Comparable sales grew 1% (2% constant currency), with Americas comps down 5% and international comps up 18%.
- The board authorized a $1.0 billion increase to the share repurchase program (bringing total remaining authorization to ~$1.6 billion) and the company repurchased 1.0 million shares for $189.0 million in the quarter.
- Opened 12 net new company-operated stores, ending the quarter with 796 stores worldwide.
Dec 11, 2025, 9:06 PM
lululemon announces CEO succession plan
LULU
CEO Change
Board Change
Management Change
- Calvin McDonald will step down as CEO and Board member effective January 31, 2026, then serve as senior advisor through March 31, 2026.
- Marti Morfitt, current Board Chair, appointed Executive Chair immediately to oversee strategy during the leadership transition.
- Meghan Frank (CFO) and André Maestrini (Chief Commercial Officer) named interim co-CEOs to lead the company until a new CEO is appointed.
- Under McDonald’s tenure since 2018, lululemon more than tripled its annual revenues and expects $11 billion in revenue this fiscal year.
Dec 11, 2025, 9:05 PM
lululemon athletica inc. updates leadership team
LULU
Management Change
Hiring
- Celeste Burgoyne, President of the Americas and Global Guest Innovation, will leave lululemon at the end of December 2025 for a role outside the industry.
- André Maestrini, Executive Vice President of International since 2021, has been named President and Chief Commercial Officer, effective immediately.
- In his new role, Mr. Maestrini will oversee all regions, stores, and digital channels globally, driving market expansion, revenue growth, and best-practice sharing across North America and international markets.
- Ms. Burgoyne joined in 2006 and became lululemon’s first President in 2020; Mr. Maestrini helped quadruple the company’s international revenues during his tenure.
Nov 21, 2025, 9:39 PM
lululemon enters $600M revolving credit facility
LULU
Debt Issuance
- On October 15, 2025, lululemon athletica inc. entered into a Second Amended and Restated Credit Agreement providing an initial $600 million unsecured revolving credit facility, with an accordion feature to increase total commitments up to $1 billion.
- The Credit Facility matures on October 15, 2030, and includes two one-year extension options at lululemon’s request, subject to customary conditions.
- Borrowings bear interest at alternative benchmark rates plus an applicable margin and may be prepaid or commitments reduced without premium, subject only to customary breakage costs.
- The facility is guaranteed by lululemon and certain subsidiaries and contains customary financial, affirmative and negative covenants, including leverage and fixed charge coverage ratios.
Oct 21, 2025, 8:16 PM
Quarterly earnings call transcripts for lululemon athletica.
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