lululemon athletica inc.

For the period ended Feb 2, 2025. Filed Mar 27, 2025.

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.

FY2025 · Filed Mar 27, 2025

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
	February 2,2025	January 28,2024	January 29,2023
Net revenue	$10,588,126	$9,619,278	$8,110,518
Cost of goods sold	4,317,315	4,009,873	3,618,178
Gross profit	6,270,811	5,609,405	4,492,340
Selling, general and administrative expenses	3,762,379	3,397,218	2,757,447
Impairment of goodwill and other assets, restructuring costs	—	74,501	407,913
Amortization of intangible assets	2,735	5,010	8,752
Gain on disposal of assets	—	—	(10,180)
Income from operations	2,505,697	2,132,676	1,328,408
Other income (expense), net	70,380	43,059	4,163
Income before income tax expense	2,576,077	2,175,735	1,332,571
Income tax expense	761,461	625,545	477,771
Net income	$1,814,616	$1,550,190	$854,800
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment	$(253,209)	$(23,077)	$(65,571)
Net investment hedge gains (losses)	93,024	11,405	8,904
Other comprehensive income (loss), net of tax	(160,185)	(11,672)	(56,667)
Comprehensive income	$1,654,431	$1,538,518	$798,133
Basic earnings per share	$14.67	$12.23	$6.70
Diluted earnings per share	$14.64	$12.20	$6.68
Basic weighted-average number of shares outstanding	123,735	126,726	127,666
Diluted weighted-average number of shares outstanding	123,935	127,060	128,017

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.