UAE Equity Research - LuLu Retail Holding PLC 3Q26 - Earnings Call Insight
Lulu Retail’s revenue increased 2.0% YOY to USD 1,935 Mn in 3Q26, supported by growth in food sales, new store openings, continued e-commerce growth and higher wholesale sales, partially offset by lower non-food sales amid weak consumer sentiment, although non-food trends improved compared with 2Q26.