Reported Q: Q1 2025 Rev YoY: +7.3% EPS YoY: +2.4% Move: +0.57%
Lululemon Athletica Inc
0JVT.L
$174.18 0.57%
Exchange LSE Sector Consumer Cyclical Industry Apparel Retail
Q1 2025
Published: Jun 5, 2025

Company Status Snapshot

Fast view of the latest quarter outcome for 0JVT.L

Reported

Report Date

Jun 5, 2025

Quarter Q1 2025

Revenue

2.37B

YoY: +7.3%

EPS

2.60

YoY: +2.4%

Market Move

+0.57%

Previous quarter: Q4 2024

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Earnings Highlights

  • Revenue of $2.37B up 7.3% year-over-year
  • EPS of $2.60 increased by 2.4% from previous year
  • Gross margin of 58.3%
  • Net income of 314.57M
  • "Transcript data not provided in the prompt." -
0JVT.L
Company 0JVT.L

Executive Summary

Lululemon Athletica reported Q1 FY2025 (QQ1 2025) revenue of USD 2.37066 billion, up 7.32% year over year, with gross profit of USD 1.38313 billion and a gross margin of 58.34%. Operating income reached USD 438.63 million (operating margin 18.50%), and net income was USD 314.57 million (net margin 13.27%), delivering EPS of USD 2.61 (diluted USD 2.60). The quarter exhibited a pronounced sequential seasonality with revenue down 34.36% quarter over quarter, a typical pattern after the holiday period. Despite the seasonal headwinds, gross margins remained robust, and the company continued to generate solid profitability on a YoY basis, albeit with notable QoQ declines driven by seasonality and greater marketing/fulfillment leverage earlier in the year. Free cash flow was negative USD 271.22 million, with operating cash flow at USD -118.95 million and capital expenditures of USD 152.26 million, underscoring working capital dynamics and strategic investments. The balance sheet remains strong with cash and equivalents of USD 1.325 billion and a net debt position of USD -381.51 million, supported by a sizable equity base of USD 4.289 billion. Managementโ€™s ongoing emphasis appears to be on direct-to-consumer growth, pricing and product mix optimization, and inventory discipline, while continuing to invest in store fleet, digital platforms, and international expansion. Investors should monitor demand trends, inventory levels, and cash flow generation as the year progresses, alongside competitive dynamics in premium athleisure.

Key Performance Indicators

Revenue
Increasing
2.37B
QoQ: -34.36% | YoY: 7.32%
Gross Profit
Increasing
1.38B
58.34% margin
QoQ: -36.61% | YoY: 8.47%
Operating Income
Increasing
438.63M
QoQ: -57.91% | YoY: 1.38%
Net Income
Decreasing
314.57M
QoQ: -57.97% | YoY: -2.13%
EPS
Increasing
2.61
QoQ: -57.56% | YoY: 2.35%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 2,525.22 3.10 +6.5% View
Q1 2025 2,370.66 2.60 +7.3% View
Q4 2024 3,611.50 6.14 +63.5% View
Q3 2024 2,396.66 2.87 -25.2% View
Q2 2024 2,371.08 3.15 -26.0% View