Lululemon Athletica Inc. logo

Lululemon Athletica Inc.

LULU

NASDAQConsumer CyclicalApparel - Retail

Previous close

$121.07

+$5.38 · +4.65%

Aug 21, 4:00 PM ET

LULU company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

90

Deep Value

Momentum

29

Weakening

Sentiment

72

Bullish

Risk resilience

43

Elevated Risk

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Company profile

Company website

Lululemon Athletica Inc., alongside its subsidiaries, specializes in the design, global distribution, and retail of athletic apparel and accessories for both women and men. Its business operations are structured into two main divisions: company-owned retail establishments and direct-to-consumer sales. The firm's offerings encompass a range of clothing such as pants, shorts, tops, and jackets, all crafted for promoting a healthy lifestyle and facilitating athletic endeavors. These activities span yoga, running, training, and other physically demanding pursuits. Beyond apparel, Lululemon also supplies fitness-related accessories and a selection of footwear. Customers can acquire Lululemon products through numerous channels. These include a global network of corporate-managed stores, outlet locations, and seasonal warehouse sales. The company also sells through an interactive digital workout platform and via wholesale partnerships with entities like yoga studios, health clubs, and fitness centers. Further sales occur through temporary pop-up shops, as well as various licensing and supply agreements. A significant portion of sales is conducted directly with consumers through dedicated mobile applications and its primary e-commerce website, lululemon.com. By January 30, 2022, Lululemon boasted 574 stores operating under its brand name across numerous international markets. These markets span the United States, Canada, the People's Republic of China, Australia, the United Kingdom, Japan, New Zealand, Germany, South Korea, Singapore, France, Malaysia, Sweden, Ireland, the Netherlands, Norway, and Switzerland. Founded in 1998, Lululemon Athletica Inc. maintains its corporate base in Vancouver, Canada.

Industry
Apparel - Retail
Sector
Consumer Cyclical
Headquarters
CA
CEO
Meghan C. Frank
Listed since
Jul 27, 2007
Employees
39,000

Market position

Day range

Current $121.07

52-week range

Current $121.07

Open
$116.9
Previous close
$115.69
Volume
3.25M
0.97× average
Average volume
3.36M
Average daily volume
Market cap
13.75B USD
Beta
0.86
Market reference 1
50-day average
$117.63
+2.93% above average
200-day average
$155.27
-22.02% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
21.3B USD
P/E (TTM)
9.8×
P/B (TTM)
2.9×
P/S (TTM)
1.23×
EV / EBITDA
7.79×
Earnings yield
7.41%
Free cash flow yield
4.33%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
55.70%
Operating margin
18.21%
Net margin
13.03%
Return on equity
31.83%
Return on assets
18.67%
Return on invested capital
22.70%

Financial health

Debt / equity
0.44×
Current ratio
2.26×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends64%45%25%6%Gross margin, FY2021: 57.68%Gross margin, FY2022: 55.39%Gross margin, FY2023: 58.31%Gross margin, FY2024: 59.22%Gross margin, FY2025: 56.60%Operating margin, FY2021: 21.31%Operating margin, FY2022: 16.38%Operating margin, FY2023: 22.17%Operating margin, FY2024: 23.67%Operating margin, FY2025: 19.91%Net margin, FY2021: 15.59%Net margin, FY2022: 10.54%Net margin, FY2023: 16.12%Net margin, FY2024: 17.14%Net margin, FY2025: 14.22%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 57.68%. Gross margin FY2022 55.39%. Gross margin FY2023 58.31%. Gross margin FY2024 59.22%. Gross margin FY2025 56.60%. Operating margin FY2021 21.31%. Operating margin FY2022 16.38%. Operating margin FY2023 22.17%. Operating margin FY2024 23.67%. Operating margin FY2025 19.91%. Net margin FY2021 15.59%. Net margin FY2022 10.54%. Net margin FY2023 16.12%. Net margin FY2024 17.14%. Net margin FY2025 14.22%.

Income trends

Revenue

11.1B USD+4.86%

Operating income

2.21B USD-11.78%

Net income

1.58B USD-12.97%
Income trends across reported periods12.13B USD8.03B USD3.93B USD−169.98M USDRevenue, FY2021: 6.26B USDRevenue, FY2022: 8.11B USDRevenue, FY2023: 9.62B USDRevenue, FY2024: 10.59B USDRevenue, FY2025: 11.1B USDOperating income, FY2021: 1.33B USDOperating income, FY2022: 1.33B USDOperating income, FY2023: 2.13B USDOperating income, FY2024: 2.51B USDOperating income, FY2025: 2.21B USDNet income, FY2021: 975.32M USDNet income, FY2022: 854.8M USDNet income, FY2023: 1.55B USDNet income, FY2024: 1.81B USDNet income, FY2025: 1.58B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 6.26B USD. Revenue FY2022 8.11B USD. Revenue FY2023 9.62B USD. Revenue FY2024 10.59B USD. Revenue FY2025 11.1B USD. Operating income FY2021 1.33B USD. Operating income FY2022 1.33B USD. Operating income FY2023 2.13B USD. Operating income FY2024 2.51B USD. Operating income FY2025 2.21B USD. Net income FY2021 975.32M USD. Net income FY2022 854.8M USD. Net income FY2023 1.55B USD. Net income FY2024 1.81B USD. Net income FY2025 1.58B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue11.1B USD10.59B USD9.62B USD8.11B USD6.26B USD
Cost of goods sold4.82B USD4.32B USD4.01B USD3.62B USD2.65B USD
Gross profit6.28B USD6.27B USD5.61B USD4.49B USD3.61B USD
Selling, general, and administrative4.07B USD3.76B USD3.4B USD2.76B USD2.23B USD
Operating expenses4.07B USD3.77B USD3.48B USD3.16B USD2.28B USD
Depreciation and amortization496.23M USD446.52M USD379.38M USD291.79M USD224.21M USD
Operating income2.21B USD2.51B USD2.13B USD1.33B USD1.33B USD
Net income1.58B USD1.81B USD1.55B USD854.8M USD975.32M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+6.68%
11 comparable reports
Latest EPS result
1.69
Estimate 1.67 · Beat by 1.20%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates6.54.83.111.42Q4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 5, 2024: actual 2.87, estimate 2.68, surprise +7.09%, Beat. Q1 2025, reported Mar 27, 2025: actual 6.14, estimate 5.85, surprise +4.96%, Beat. Q2 2025, reported Jun 5, 2025: actual 2.6, estimate 2.58, surprise +0.78%, Beat. Q3 2025, reported Sep 4, 2025: actual 3.1, estimate 2.91, surprise +6.53%, Beat. Q4 2025, reported Dec 11, 2025: actual 2.59, estimate 2.22, surprise +16.67%, Beat. Q1 2026, reported Mar 17, 2026: actual 5.01, estimate 4.76, surprise +5.25%, Beat. Q2 2026, reported Jun 4, 2026: actual 1.69, estimate 1.67, surprise +1.20%, Beat. Q3 2026, reported Sep 3, 2026: actual —, estimate 1.82, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates3.79B3.26B2.74B2.21BQ4 '24BeatQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26Estimate
Q4 2024, reported Dec 5, 2024: actual 2.4B USD, estimate 2.36B USD, surprise +1.66%, Beat. Q1 2025, reported Mar 27, 2025: actual 3.61B USD, estimate 3.58B USD, surprise +0.98%, Beat. Q2 2025, reported Jun 5, 2025: actual 2.37B USD, estimate 2.36B USD, surprise +0.50%, Beat. Q3 2025, reported Sep 4, 2025: actual 2.53B USD, estimate 2.53B USD, surprise -0.31%, Miss. Q4 2025, reported Dec 11, 2025: actual 2.57B USD, estimate 2.48B USD, surprise +3.38%, Beat. Q1 2026, reported Mar 17, 2026: actual 3.64B USD, estimate 3.58B USD, surprise +1.80%, Beat. Q2 2026, reported Jun 4, 2026: actual 2.47B USD, estimate 2.44B USD, surprise +1.40%, Beat. Q3 2026, reported Sep 3, 2026: actual —, estimate 2.46B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$126.56

4.53% upside
Past 12 months12-month forecastHigh $250Average $126.56Low $88.00

LULU news

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