Growth for Lululemon

06/12/2024

Gymwear brand Lululemon has reported revenues of just under $7 billion for the first nine months of its current financial year, the period ending October 27, 2024. The company is based in Canada, but reports its results in US dollars.

This figure represents an increase of 8.7% year on year.

Chief executive, Calvin McDonald, said the company’s performance demonstrated “the enduring strength of Lululemon globally”.

The company said it now expects full-year revenues to be close to $10.5 billion, which would represent growth of between 7% and 9% year on year.