US EditionSolid Opening Quarter Sets the Tone for Lulu Retail’s 2025 Strategy
Summary by Future of Retail Business in Middle East
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Solid Opening Quarter Sets the Tone for Lulu Retail’s 2025 Strategy
Strong festive sales, operational efficiencies and digital focus helped Lulu chart 7.3% YoY growth in revenue and a 15.8% surge in net profit.Lulu Retail Holdings PLC, the GCC’s largest and fastest-growing full-line retailer, has opened 2025 with a robust performance across key operational and strategic metrics. The company reported Q1 2025 revenues of $2.1 billion, up 7.3% year-on-year (YoY), driven by solid like-for-like (LFL) growth of 3.6%, …
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