lululemon athletica inc.
For the period ended Feb 1, 2026. Filed Mar 17, 2026.
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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.
FY2026 · Filed Mar 17, 2026
LULU$110.37-1.9%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Property and Equipment
Note 6. Property and Equipment
| February 1, 2026 | February 2, 2025 | |
|---|---|---|
| (In thousands) | ||
| Land | $79,390 | $74,461 |
| Buildings | 28,816 | 27,655 |
| Leasehold improvements | 1,400,487 | 1,227,247 |
| Furniture and fixtures | 203,882 | 177,651 |
| Computer hardware | 224,169 | 202,479 |
| Computer software | 1,519,840 | 1,274,322 |
| Equipment and vehicles | 61,760 | 51,453 |
| Work in progress | 378,226 | 206,398 |
| Property and equipment, gross | 3,896,570 | 3,241,666 |
| Accumulated depreciation | (1,862,850) | (1,461,049) |
| Property and equipment, net | $2,033,720 | $1,780,617 |
Depreciation expense related to property and equipment was $489.7 million, $443.3 million, and $374.0 million for 2025, 2024, and 2023, respectively.
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