![Canada’s Lululemon reports strong Q3 2024 results, revenue up 9%](https://www.velvetclassic.net/wp-content/uploads/2024/12/adobestock-772158430-editorial-use-only_311099-T7tr3r-640x425.jpeg)
Lululemon’s Q3 FY24 net revenue rose 9 per cent YoY to $2.4 billion, driven by 33 per cent international growth.
Gross profit grew 12 per cent to $1.4 billion.
The company opened 28 stores, ending the quarter with 749.
FY24 revenue is projected at $10.45 billion-$10.49 billion.
CEO Calvin McDonald highlighted global momentum and holiday season strength.Lululemon’s Q3 FY24 net revenue rose 9 per cent YoY to $2.4 billion, driven by 33 per cent international growth.
Gross profit grew 12 per cent to $1.4 billion.
The company opened 28 stores, ending the quarter with 749.
FY24 revenue is projected at $10.45 billion-$10.49 billion.
CEO Calvin McDonald highlighted global momentum and holiday season strength.