Lululemon Athletica Inc.
Explore Lululemon Athletica
Core profile pages, annual revenue records, and related research hubs for this company.
Lululemon Athletica Inc.
Explore Lululemon Athletica
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$9.61B (FY2024)
Market Cap
$45.0B
Net Income
$1.6B
Employees
38,000
Lululemon's financials are defined by its industry-leading gross margins, driven entirely by its refusal to use wholesale partners. The brand's expansion into menswear has unlocked massive new revenue streams, driving consistent double-digit revenue growth year-over-year.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | $9.6B | $1.6B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Lululemon Athletica Inc. is the second-largest sportswear manufacturer in the world (behind Nike), consistently generating over €21 billion in annual revenue.
When Lululemon Athletica Inc. terminated its partnership with Brynn Putnam in 2022, it was left with over €1 billion in unsold Mirror inventory, resulting in massive write-downs and the company's first annual loss in over 30 years.
Footwear gross margins are typically strong (around 47-50%), but operating margins were severely squeezed by the Mirror fallout, excess inventory markdowns, and inflation in 2023.
Yes, Lululemon Athletica Inc. traditionally pays an annual dividend, though it significantly slashed the payout during the 2023 financial crisis to preserve cash flow.
Under new CEO Calvin McDonald, Lululemon Athletica Inc. is recovering by slowly selling off the remaining Mirror inventory (donating a portion to charity) and riding a massive viral sales boom of its classic 'Wunder Under' and 'Scuba' leggings.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Lululemon Athletica Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/lululemon/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Lululemon Athletica Inc. reported $10B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/lululemon/financials" target="_blank" rel="noopener">CorpDigest — Lululemon Athletica Inc. financials</a></div>