The company said net revenue for fiscal 2025 Q2 (ended August 3, 2025) rose 7% year over year to $2.5 billion, or 6% on a constant dollar basis, and diluted earnings per share were $3.10 compared with $3.15 a year earlier.

1. 01

   The company said net revenue for fiscal 2025 Q2 (ended August 3, 2025) rose 7% year over year to $2.5 billion, or 6% on a constant dollar basis, and diluted earnings per share were $3.10 compared with $3.15 a year earlier.

2. 02

   Lululemon said Americas net revenue rose 1% in Q2 and comparable sales fell 4%, while International net revenue increased 22% (20% on a constant dollar basis) and comparable sales rose 15%.

3. 03

   The company said gross margin fell 110 basis points to 58.5% in Q2, income from operations decreased 3% to $523.8 million, and operating margin fell 210 basis points to 20.7%.

4. 04

   The company revised its fiscal 2025 net revenue outlook to $10.850 billion to $11.000 billion and its diluted EPS outlook to $12.77 to $12.97. It said the outlook reflects an estimated gross profit reduction of about $240 million tied to tariffs and the removal of the de minimis exemption.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.