Lululemon Q3 Beat

Benzinga

Lululemon beat Q3 expectations with stronger revenue and EPS, lifted full-year guidance, and announced CEO Calvin McDonald’s departure with two executives stepping in as interim co-CEOs. Shares rose after hours as the board also approved a $1B buyback expansion.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Lululemon Athletica reported third quarter fiscal 2025 results that beat Wall Street estimates

00:08and sent shares higher in extended trading. The company posted adjusted earnings of $2.59 per

00:15share on revenue of $2.57 billion, topping expectations and rising from $2.4 billion a

00:23year earlier. Lululemon announced CEO Calvin McDonald will step down on January 31st with

00:29CFO Megan Frank and CCO Andre Maestrini named interim co-CEOs. The board approved a $1 billion

00:35increase to the stock repurchase program. The company raised full-year EPS and revenue guidance

00:41and cited progress in international markets. For all things money, visit Benzinga.com.

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