lululemon(US:LULU) Zhong Guo Zhi Liang Xin Wen Wang·2025-12-16 08:11Group 1 - The core viewpoint of the article highlights lululemon's strong performance in Q3 of FY2025, with global net revenue increasing by 7% to $2.6 billion, driven by significant growth in international markets, particularly in mainland China, which saw a 46% increase [1] - The CEO of lululemon emphasized the focus on enhancing the U.S. market while maintaining robust growth in international markets, with plans expected to yield more significant results by 2026 [1] - In Q3, lululemon's outerwear category performed exceptionally well in mainland China, with innovative products like down jackets receiving positive feedback and maintaining strong growth across various city tiers [1] Group 2 - For Q4 of FY2025, lululemon projects net revenue to be between $3.5 billion and $3.585 billion, reflecting a decline of approximately 1% to 3% [2] - For the entire FY2025, lululemon anticipates net revenue to range from $10.962 billion to $11.047 billion, indicating a growth of about 4% [2] Group 3 - The company plans to open approximately 46 new direct stores this year and optimize around 36 existing stores, with a focus on expanding in the Americas and international markets, particularly in China [1]