Ain Alalam – Rashad Iskandrni<\/p>\n
<\/p>\n
Posts a 9.1% rise in H1 net profit to $127.0 million, reflecting strong operational performance.<\/p>\n
Declares interim dividend of $98.4 million.<\/p>\n
The jump was supported by growth in private label and ecommerce sales, and as per plans, to open 20 new stores in 2025<\/p>\n
\n
Lulu Retail has announced its H1 2025 financial results, delivering a solid 9.1% year-on-year increase in net profit to $127.0 million. Revenues rose to $4.1 billion (up 5.9% YoY), and like-for-like sales increased by 3.8%, driven by robust performance across key categories. In Q2 2025, the company reported revenues of $2.0 billion, up 4.6% YoY with a strong sales growth. This performance was bolstered by continued growth in private label and the e-commerce category. Private label grew 3.5% YoY, accounting for 29.7% of retail revenue, while e-commerce maintained its momentum with sales up 43.4% YoY to $108 million, representing 5.6% of retail revenue. Gross profit increased 6.5% YoY to $468 million. EBITDA grew 7.6% YoY to $204 million.<\/p>\n
Declares interim dividend of $98.4 million (3.5 fils per share):<\/p>\n
Lulu Retail has declared an interim dividend of $98.4 million (3.5 fils per share), corresponding to a payout ratio of 78% of H1 2025 distributable profits\u2014consistent with the IPO dividend policy.<\/p>\n
\n
Key Highlights \u2013 H1 2025<\/p>\n
* Revenue: $4.1 billion (up 5.9% YoY), driven by strong volume and category growth<\/p>\n
* EBITDA: $418 million (up 7.0% YoY); Q2 2025: $204 million (up 7.6% YoY). Margins improved by 28 basis points in Q2.<\/p>\n
* Net Profit: $127 million (up 9.1% YoY), with a net margin of 3.1%<\/p>\n
* Private Label Growth: Up 3.5% YoY in Q2, accounting for 29.7% of retail revenue<\/p>\n
* E-commerce: Q2 sales up 43.4% YoY to $108 million (5.6% of retail revenue); 45.4% increase in customer count YoY<\/p>\n
* Loyalty Program: The Happiness loyalty program added 1 million new members during the quarter, bringing total membership to 7.3 million.<\/p>\n
\u2022 Store Expansion: Seven new stores opened in H1 plus 4 more in July, taking the total to 259; full-year target of 20 new stores remains on track<\/p>\n
* Growth Strategy: Private label and e-commerce continue to play pivotal roles in Lulu\u2019s growth approach<\/p>\n
\u201cOur steady and resilient H1 2025 performance is a testament to our wellestablished growth pillars, enabling record sales and margin improvements. We expect our growth momentum to persist as we focus on expanding our store network, launching new outlets, enhancing operational efficiency, and unlocking further potential through private label and e-commerce offerings,\u201d said Saifee Rupawala, CEO of Lulu Retail.<\/p>\n
\n
Regional Performance:<\/p>\n
* UAE (largest market): Q2 revenue up 9.4% YoY, driven by continued high demand for fresh food and supported by Lulu\u2019s omnichannel strategy<\/p>\n
* Saudi Arabia (KSA): Revenue grew 3.8% YoY, aided by strong electrical goods sales and new store openings<\/p>\n
* Kuwait: Revenue up 4.9% YoY; consistent positive performance<\/p>\n
About Lulu Retail:<\/p>\n
Founded in 1974, Lulu Retail\u2014together with its subsidiaries\u2014is the largest full-line retailer in the GCC by selling space, sales, and store count, operating 256 hypermarkets, express, and mini-market stores across the region. The Group supports a robust ecommerce presence via its mobile app, online storefront, and partner channels. Serving more than 690,000 daily shoppers from 130 nationalities, Lulu sources products from 85 countries and operates 19 on-the-ground sourcing offices. Its strong brand reputation across the GCC fuels store growth, network expansion, and elevated customer loyalty.<\/p>\n[\/mhc_text][\/mhc_column][\/mhc_row][\/mhc_section]\n","protected":false},"excerpt":{"rendered":"
[mhc_section admin_label=”\u0642\u0633\u0645” fullwidth=”on” specialty=”off”][mhc_fullwidth_menu admin_label=”\u0642\u0627\u0626\u0645\u0629 \u0628\u0639\u0631\u0636 \u0643\u0627\u0645\u0644” menu_id=”56″ background_color=”#ffffff” background_layout=”light” text_orientation=”center” submenu_direction=”downwards” fullwidth_menu=”off”] [\/mhc_fullwidth_menu][\/mhc_section][mhc_section admin_label=”section” transparent_background=”off” gradient_background=”off” background_color=”#ffffff” gradient_style=”horizontal” inner_shadow=”on” parallax=”off” parallax_method=”off” video_hide=”off” video_pause=”off” allow_advanced_padding=”on” remove_padding=”on” force_fullwidth=”off” column_paddings=”padding-0pct” column_match_heights=”off” background_leak=”off” background_leak_color=”#ffffff” background_leak_size=”25″ separator_top=”off” separator_bottom=”off” background_image_size=”cover” background_image_repeat=”no-repeat” background_image_position_x=”center” background_image_position_y=”center” animation=”off” animation_color=”#ffffff” mobile_2_pr_row=”off” mobile_reverse=”off”][mhc_row admin_label=”row”][mhc_column type=”1_3″][mhc_image admin_label=”\u0635\u0648\u0631\u0629” src=”https:\/\/ainalalam.com\/wp-content\/uploads\/2024\/04\/ainlogo.png” show_in_lightbox=”off” url_new_window=”off” animation=”off” hoverfx=”scaleup” sticky=”off” image_mask=”off” border_radius=”0″ align=”center” force_center_on_mobile=”on” […]<\/p>\n","protected":false},"author":1,"featured_media":103051,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":["post-103053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-coverage"],"_links":{"self":[{"href":"https:\/\/ainalalam.com\/index.php?rest_route=\/wp\/v2\/posts\/103053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ainalalam.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ainalalam.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ainalalam.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ainalalam.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103053"}],"version-history":[{"count":0,"href":"https:\/\/ainalalam.com\/index.php?rest_route=\/wp\/v2\/posts\/103053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ainalalam.com\/index.php?rest_route=\/wp\/v2\/media\/103051"}],"wp:attachment":[{"href":"https:\/\/ainalalam.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ainalalam.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ainalalam.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}