SNG: Lulu Retail’s net profits leap to $163mln in 9M-25

About this update from Lulu Retail Holdings Plc

First published: 12-Nov-2025 12:07:07Staff WriterAbu Dhabi - The net profits of Lulu Retail Company climbed by 7.50% year-on-year (YoY) to $162.920 million in the first nine months (9M) of 2025 from $184.45 million.Revenues amounted to $5.99 billion at the end of September 2025, up 4.70% from $5.72 billion in 9M-24, according to the financial statements.The basic and diluted earnings per share (EPS) hit $1.58 in 9M-25, compared to $1.79 a year earlier.Quarterly FinancialsDuring the third quarter (Q3) of 2025, the company generated $35.95 million in net profit, versus $35.11 million in the year-ago period.The basic and diluted EPS went up to $0.35 in Q3-25 from $0.34 in Q3-24, while the revenues grew by 2% to $1.89 billion from $1.85 billion.Saifee Rupawala, CEO of Lulu Retail, commented: “Year-on-year customer count growth of almost 5% demonstrates the strong appetite for Lulu’s value-to-premium offering. Nine months into the year, our store rollout program remains on track and like-for-like sales are positive in all our countries except Bahrain.”Rupawala added: “We are evolving our customer offering with a trend towards smaller stores and a disciplined rollout program. Combined with internal efficiency measures, the decisions we are taking today will help us to continue to be the leading pan-GCC full-line retailer in the years to come.”In the first half (H1) of 2025, Lulu Retail posted 9.10% YoY higher net profits from continuing at $126.96 million, compared to $116.41 million.All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (Syndigate.info).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.

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