Lulu Retail reports record $7.9bln revenue for FY 2025

About this update from Lulu Retail Holdings Plc

HMABU DHABI: Lulu Retail Holdings PLC today announced record-breaking financial results for the fiscal year 2025, with annual revenue reaching $7.9 billion (AED 29.1 billion), marking a 4.1% year-on-year increase.The retail giant’s net profit for the year stood at approximately $205 million (AED 753 million), exceeding the guidance provided during the third quarter of 2025.Following the robust performance, the Board has proposed a final dividend of 3.5 fils per share for the second half of the year. This brings the total dividend payout for FY 2025 to 7 fils per share, representing a total distribution of approximately $197 million (AED724 million).A significant driver of the year's success was Lulu’s e-commerce segment, which surged by 38.6% annually. Digital sales growth accelerated to 51.8% in the fourth quarter, with online transactions contributing 7.3% to the company's total retail sales during that period.Saifee Rupawala, CEO of Lulu Retail, commented on the results: "We concluded the year with the opening of 20 new stores, bringing our total network to 267. With revenues nearing the $8 billion mark, we are well-positioned to continue our disciplined expansion across the GCC. Our roadmap includes the opening of an additional 50 stores between 2026 and 2028."Article Source: Emirates News Agency (WAM) Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

View stock analysis, news, and events for Lulu Retail Holdings Plc