lululemon athletica inc

For the period ended Jan 28, 2024. Filed Mar 21, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Mar 21, 2024

LULU$110.37-1.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Operations and Comprehensive Income

(Amounts in thousands, except per share amounts)

	Fiscal Year Ended
	January 28,2024	January 29,2023	January 30,2022
Net revenue	$9,619,278	$8,110,518	$6,256,617
Cost of goods sold	4,009,873	3,618,178	2,648,052
Gross profit	5,609,405	4,492,340	3,608,565
Selling, general and administrative expenses	3,397,218	2,757,447	2,225,034
Impairment of goodwill and other assets, restructuring costs	74,501	407,913	—
Amortization of intangible assets	5,010	8,752	8,782
Acquisition-related expenses	—	—	41,394
Gain on disposal of assets	—	(10,180)	—
Income from operations	2,132,676	1,328,408	1,333,355
Other income (expense), net	43,059	4,163	514
Income before income tax expense	2,175,735	1,332,571	1,333,869
Income tax expense	625,545	477,771	358,547
Net income	$1,550,190	$854,800	$975,322
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment	$(23,077)	$(65,571)	$(28,494)
Net investment hedge gains (losses)	11,405	8,904	9,732
Other comprehensive income (loss), net of tax	(11,672)	(56,667)	(18,762)
Comprehensive income	$1,538,518	$798,133	$956,560
Basic earnings per share	$12.23	$6.70	$7.52
Diluted earnings per share	$12.20	$6.68	$7.49
Basic weighted-average number of shares outstanding	126,726	127,666	129,768
Diluted weighted-average number of shares outstanding	127,060	128,017	130,295

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.