Lululemon Shares Rise 5.3%; Quarterly Revenue Falls 4.3%

Lululemon Athletica Inc. (LULU) finished Oct. 15 at $99.09, a $5 increase from the previous close and a 5.31% gain. The closing price was recorded at 4 p.m. ET (20:00 UTC). The company released its fiscal second-quarter results Sept. 3 for the period ending Aug. 2. Revenue totaled $2.416 billion, compared with $2.525 billion a year earlier, a 4.3% decrease. Net income fell to $329.2 million from $370.9 million. Both measures were lower than in the corresponding quarter of fiscal 2025. Comparable sales declined 9% across the business. In the Americas, comparable sales fell 12% and revenue dropped 8%, while international revenue rose 4%. Fiscal first-quarter revenue had grown 4% year over year.

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