Lululemon's international sales saw a remarkable increase of 33% in Q3 of 2024, overshadowing its 2% growth in the Americas, bolstered by performance in China.
CEO Calvin McDonald highlighted the strong global momentum for Lululemon, stating that the brand continues to gain great acceptance in all international markets.
In China, Lululemon experienced a staggering net revenue growth of 39% year-over-year, marking a significant achievement within the company's international strategy.
In stark contrast to its international gains, the Americas market only saw a 2% increase in net revenue, reflecting a continuing trend of stagnant growth.
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