LULU
lululemon athletica inc.206.74
+0.45+0.22%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
24.52BP/E (TTM)
14.37Basic EPS (TTM)
14.39Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
8-K
Lululemon renews $600M credit facility
Lululemon Athletica Inc. secured its liquidity with a $600 million unsecured revolving credit facility, extendable to $1 billion, maturing October 15, 2030, and featuring two one-year extensions. This second amended and restated agreement, led by Bank of America with HSBC, Royal Bank of Canada, and Citibank as key players, replaces the prior facility while upholding standard covenants on leverage and fixed charge coverage. It bolsters financial flexibility amid expansion, yet ties borrowing costs to ratings and ratios.
10-Q
Q2 FY2025 results
Lululemon's Q2 FY2025 revenue climbed 7% year-over-year to $2.5B, fueled by 25% growth in China Mainland and 19% in Rest of World, though Americas edged up just 1% amid softer traffic. Gross margin dipped 1.1 points to 58.5% from higher markdowns and tariffs, while operating income fell 3% to $524M as SG&A rose 9% on employee and marketing costs. Diluted EPS held steady at $3.10, aligning with 120K shares; YTD figures show 7% revenue growth to $4.9B and 4% EPS dip to $5.70. Cash dropped to $1.2B after $210M operating cash flow and $330M capex, with $716M in share repurchases; the $400M revolver remains untapped. Mexico operations acquired in September 2024 added 14 stores and minor intangibles amortization. Tariffs loom large, potentially slashing full-year gross profit by $240M net of mitigations. Competition heats up in a crowded athleisure space.
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