lululemon athletica inc
For the period ended Oct 27, 2024. Filed Dec 5, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Oct 27, 2024 · Filed Dec 5, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Disaggregated Net Revenue
Note 13. Disaggregated Net Revenue
In addition to the disaggregation of net revenue by reportable segment in Note 12. Segmented Information, the following table disaggregates the Company's net revenue by geographic area.
Prior to the acquisition of the Mexico operations on September 10, 2024, wholesale sales to the third party under the license and supply arrangement by lululemon athletica canada inc. were disclosed as net revenue recognized within Canada.
| Third Quarter | First Three Quarters | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (In thousands) | ||||
| United States | $1,424,234 | $1,423,574 | $4,186,614 | $4,162,891 |
| Canada | 335,484 | 308,824 | 936,801 | 857,018 |
| Mexico | 10,664 | — | 10,664 | — |
| Americas | 1,770,382 | 1,732,398 | 5,134,079 | 5,019,909 |
| China Mainland | 318,338 | 228,595 | 936,313 | 673,108 |
| Hong Kong SAR, Taiwan, and Macau SAR | 41,050 | 38,296 | 125,349 | 120,968 |
| People's Republic of China | 359,388 | 266,891 | 1,061,662 | 794,076 |
| Other geographic areas | 266,890 | 204,929 | 780,888 | 600,190 |
| $2,396,660 | $2,204,218 | $6,976,629 | $6,414,175 | |
The following table disaggregates the Company's net revenue by category. Other categories is primarily composed of accessories, footwear, and lululemon Studio.
| Third Quarter | First Three Quarters | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (In thousands) | ||||
| Women's product | $1,555,686 | $1,433,927 | $4,467,048 | $4,139,082 |
| Men's product | 551,430 | 504,828 | 1,644,653 | 1,473,716 |
| Other categories | 289,544 | 265,463 | 864,928 | 801,377 |
| $2,396,660 | $2,204,218 | $6,976,629 | $6,414,175 | |
The following table disaggregates the Company's net revenue by channel.
| Third Quarter | First Three Quarters | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| (In thousands) | ||||
| Company-operated stores | $1,210,523 | $1,073,973 | $3,496,661 | $3,128,999 |
| E-commerce | 944,777 | 908,127 | 2,761,201 | 2,636,742 |
| Other channels | 241,360 | 222,118 | 718,767 | 648,434 |
| $2,396,660 | $2,204,218 | $6,976,629 | $6,414,175 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.