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Lululemon Q4 Net Revenue Grew 1% Year-over-Year to $3.6 Billion
On March 17th, local time, Canadian sportswear company Lululemon announced its financial results for the fourth quarter and fiscal year ending February 1, 2026. In the fourth quarter, the company’s net revenue increased by 1% year-over-year to $3.6 billion; gross profit decreased by 8% year-over-year to $2 billion, with gross margin down 550 basis points to 54.9%; diluted earnings per share were $5.01, compared to $6.14 in the same period last year. For the fiscal year 2025, net revenue grew by 5% to $11.1 billion; gross profit remained flat at $6.3 billion, with gross margin down 260 basis points to 56.6%; diluted earnings per share were $13.26, compared to $14.64 in the previous year.
The company expects first-quarter fiscal 2026 net revenue to be between $2.4 billion and $2.43 billion, representing a year-over-year increase of 1% to 3%. Diluted earnings per share for this quarter are expected to be between $1.63 and $1.68. For the full fiscal year 2026, the company projects net revenue between $11.35 billion and $11.5 billion, up 2% to 4% year-over-year. Full-year diluted earnings per share are expected to be between $12.10 and $12.30.