lululemon athletica inc.
For the period ended Feb 2, 2025. Filed Mar 27, 2025.
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FY2025 · Filed Mar 27, 2025
LULU$112.53+1.6%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Inventories
Note 3. Inventories
| February 2, 2025 | January 28, 2024 | |
|---|---|---|
| (In thousands) | ||
| Inventories, at cost | $1,526,055 | $1,465,076 |
| Inventory provisions and reserves: | ||
| lululemon Studio Mirror provision | — | (62,956) |
| Obsolescence provision | (45,840) | (42,903) |
| Damages provision | (36,416) | (33,836) |
| Shrink provision | (1,718) | (1,779) |
| (83,974) | (141,474) | |
| Inventories | $1,442,081 | $1,323,602 |
During 2024, we disposed of the lululemon Studio Mirror inventories which had previously been provided for. Please refer to Note 9. Impairment of Goodwill and Other Assets, Restructuring Costs for further details on the lululemon Studio obsolescence provision.
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