lululemon athletica inc.
For the period ended Feb 2, 2025. Filed Mar 27, 2025.
View on SEC.govAbout 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
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Disaggregated Net Revenue
Note 24. Disaggregated Net Revenue
In addition to the disaggregation of net revenue by reportable segment in Note 23. 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.
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| (In thousands) | |||
| United States | $6,483,183 | $6,346,392 | $5,654,343 |
| Canada | 1,411,673 | 1,285,255 | 1,163,111 |
| Mexico | 33,300 | — | — |
| Americas | 7,928,156 | 7,631,647 | 6,817,454 |
| China Mainland | 1,361,337 | 963,760 | 576,503 |
| Hong Kong SAR, Taiwan, and Macau SAR | 180,092 | 170,533 | 105,130 |
| People's Republic of China | 1,541,429 | 1,134,293 | 681,633 |
| Other geographic areas | 1,118,541 | 853,338 | 611,431 |
| $10,588,126 | $9,619,278 | $8,110,518 | |
The following table disaggregates the Company's net revenue by category. Other categories is primarily composed of accessories, footwear, and lululemon Studio.
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| (In thousands) | |||
| Women's product | $6,692,630 | $6,147,372 | $5,259,803 |
| Men's product | 2,558,380 | 2,252,753 | 1,956,602 |
| Other categories | 1,337,116 | 1,219,153 | 894,113 |
| $10,588,126 | $9,619,278 | $8,110,518 | |
The following table disaggregates the Company's net revenue by channel.
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| (In thousands) | |||
| Company-operated stores | $5,007,872 | $4,410,956 | $3,648,127 |
| E-commerce | 4,570,446 | 4,311,110 | 3,699,791 |
| Other channels | 1,009,808 | 897,212 | 762,600 |
| $10,588,126 | $9,619,278 | $8,110,518 | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.