Lululemon Athletica — Sep 4, 2025 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001397187-25-000038
Showing in the filing
Expected net revenue increase
“2% to 4%”
Period
FY2025
Measure
GAAP-tied
Source
Guidance table
All guidance in this release · 9
Net revenue for Q3 FY2025
“$2.470 billion to $2.500 billion, representing growth of 3% to 4%”
Diluted earnings per share for Q3 FY2025
“$2.18 to $2.23”
Tax rate for Q3 FY2025
“approximately 30.5%”
Net revenue for FY2025
“$10.850 billion to $11.000 billion, representing growth of 2% to 4%, or 4% to 6% excluding the 53rd week of 2024”
Expected net revenue increase excluding the … for FY2025
“4% to 6%”
Diluted earnings per share for FY2025
“$12.77 to $12.97”
Tax rate for FY2025
“approximately 30%”
Estimated reduction in gross profit for FY2025
“approximately $240 million”
Expected net revenue increase for FY2025
“2% to 4%”
Exhibit 99.1 · the passage around this item
… earlier in the release
8 Expected net revenue increase excluding the 53rd week The Company's fiscal year ends on the Sunday closest to January 31st of the following year, typically resulting in a 52-week year, but occasionally giving rise to an additional week, resulting in a 53-week year. Fiscal 2024 was a 53-week year while 2025 will be a 52-week year. Fiscal 2025 Expected net revenue increase 2% to 4% Impact of 53rd week 2% Expected net revenue increase excluding the 53rd week (non-GAAP) 4% to 6% 9 lululemon athletica inc. Company-operated Store Count and Square Footage (1) Square footage expressed in thousands Number of Stores Open at the Beginning of the Quarter Number of Stores Opened During the Quarter Number of Stores Closed During the Quarter Number of Stores Open at the End of the Quarter 3 rd Quarter 2024 721 28 — 749 4 th Quarter 2024 749 21 3 767 1 st Quarter 2025 767 5 2 770 2 nd Quarter 2025 770 15 1 784 Total Gross Square Feet at the Beginning of the Quarter Gross Square Feet Added During the Quarter (2) Gross Square Feet Lost During the Quarter (2) Total Gross Square Feet at the End of the Quarter 3 rd Quarter 2024 3,075 156 — 3,231 4 th Quarter 2024 3,231 153 12 3,372 1 st Quarter 2025 3,372 50 7 3,415 2 nd Quarter 2025 3,415 99 3 3,511 __________ (1) Company-operated store count and square footage summary excludes retail locations operated by third parties under license and supply arrangements. (2) Gross square feet added/lost during the quarter includes net square foot additions for company-operated stores which have been ren
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.