Lululemon Q3 2025 Earnings Beat Expectations as CEO Calvin McDonald Steps Down – What It Means for LULU Stock
Lululemon reported Q3 2025 revenue of $2.6 billion, up 7%, and adjusted EPS of $2.59, beating estimates. CEO Calvin McDonald will step down January 31, 2026, with CFO Meghan Frank and CCO André Maestrini named interim co-CEOs. Americas revenue fell 2% while international sales jumped 33%. The company expanded its share buyback program by $1 billion.