Lululemon (LULU) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Lululemon reported revenue of $2.37 billion for the quarter ended April 2025, marking a year-over-year increase of 7.3% and an EPS of $2.60, up from $2.54 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Financial Performance - Revenue of $2.37 billion surpassed the Zacks Consensus Estimate of $2.36 billion, resulting in a surprise of +0.59% [1] - EPS of $2.60 compared to the consensus estimate of $2.59, yielding an EPS surprise of +0.39% [1] Key Metrics - Total stores increased to 770, slightly above the average estimate of 769 [4] - Total Comparable Sales growth was 1%, below the average estimate of 3.1% [4] - Total Gross Square Footage reached 3,415 Ksq ft, exceeding the average estimate of 3,337.91 Ksq ft [4] Geographic Revenue Breakdown - Americas revenue was $1.67 billion, matching analyst estimates and reflecting a +3.2% year-over-year change [4] - China Mainland revenue was $368.10 million, slightly below the estimate of $369.65 million, but showing a +21.2% year-over-year increase [4] - Rest of World revenue was $328 million, above the average estimate of $322.08 million, with a +16% year-over-year change [4] - United States revenue was $1.36 billion, slightly below the estimate of $1.37 billion, representing a +1.7% year-over-year change [4] Revenue by Channel - Company-operated stores generated $1.15 billion, below the average estimate of $1.17 billion, with a +7.7% year-over-year change [4] - E-commerce revenue was $960.89 million, exceeding the estimate of $949.91 million, reflecting a +6.1% year-over-year increase [4] - Other revenue totaled $256.66 million, above the average estimate of $248.18 million, with a +10.4% year-over-year change [4] Revenue by Category - Other categories generated $290.70 million, slightly below the average estimate of $296.12 million, with a +8.5% year-over-year change [4] Stock Performance - Lululemon shares returned +21.6% over the past month, outperforming the Zacks S&P 500 composite's +5.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]