lululemon athletica inc. (Nasdaq: LULU)

Quick Facts / Company Snapshot

Data Point	Details
Full Legal Name	lululemon athletica inc.
Ticker Symbol	LULU
Exchange	Nasdaq Global Select Market
Fiscal Year Covered	Ended February 1, 2026 (referred to as 2025)
Headquarters	1818 Cornwall Avenue, Vancouver, British Columbia V6J 1C7
State of Incorporation	Delaware
I.R.S. Employer Identification Number	20-3842867
Commission File Number	001-33608
Net Revenue (2025)	$11,102,600 thousand
Net Income (2025)	$1,579,183 thousand
Income from Operations (2025)	$2,210,615 thousand
Gross Profit (2025)	$6,284,132 thousand
Total Assets (February 1, 2026)	$8,456,743 thousand
Total Stockholders’ Equity (February 1, 2026)	$4,961,840 thousand
Cash and Cash Equivalents (February 1, 2026)	$1,807,202 thousand
Company-Operated Stores (February 1, 2026)	811
Approximate Employees (February 1, 2026)	39,000
Common Shares Outstanding (March 11, 2026)	110,482,671
Exchangeable Shares Outstanding (March 11, 2026)	5,115,961

Source: All financial data, operational metrics, and strategic information in this profile are taken exclusively from the official lululemon athletica inc. Annual Report on Form 10-K for the fiscal year ended February 1, 2026 (filed with the U.S. Securities and Exchange Commission).

Company Overview

lululemon athletica inc. is a Delaware corporation that designs, distributes, and retails technical athletic apparel, footwear, and accessories. The company operates under the lululemon brand and focuses on creating transformative products and experiences that build meaningful connections while unlocking greater possibility and wellbeing for all. From its inception, the company has fostered a distinctive corporate culture centered on a set of core values. These values include taking personal responsibility, acting with courage, valuing connection and inclusion, and choosing to have fun. The stated purpose is to elevate human potential by helping people feel their best.

The company organizes its operations into four regional markets: Americas, China Mainland, Asia Pacific (APAC), and Europe and the Middle East (EMEA). It reports three segments: Americas, China Mainland, and Rest of World (which combines APAC and EMEA). Business is conducted through an omni-channel retail model that includes company-operated stores, e-commerce websites and mobile apps, outlets, temporary locations, wholesale arrangements, license and supply arrangements, and a re-commerce program known as Like New.

As of February 1, 2026, the company operated 811 company-operated stores worldwide. Net revenue for the fiscal year ended February 1, 2026 reached $11,102,600 thousand, representing a 5 percent increase from $10,588,126 thousand in the prior year. Income from operations stood at $2,210,615 thousand, and net income was $1,579,183 thousand. The company maintains approximately 39,000 employees across its global operations.

The principal executive and administrative offices are located at 1818 Cornwall Avenue, Vancouver, British Columbia, Canada. The company is a large accelerated filer and files reports with the United States Securities and Exchange Commission. Common stock trades on the Nasdaq Global Select Market under the symbol LULU. As of March 11, 2026, there were 110,482,671 shares of common stock outstanding, along with 5,115,961 exchangeable shares of Lulu Canadian Holding, Inc., a wholly-owned subsidiary, and an equal number of special voting shares.

The business is affected by general seasonal trends common to the retail apparel industry, with net revenue typically larger during the fourth fiscal quarter due to holiday sales in the Americas. A substantial portion of operating profits is generated in that quarter. For 2025, approximately 37 percent of full-year operating profit was generated during the fourth quarter.

Business Segments

The company reports three segments based on the financial information the Chief Operating Decision Maker uses to evaluate performance and allocate resources. These segments are Americas, China Mainland, and Rest of World. Corporate expenses, which include centrally managed support functions such as product design, raw material development, product innovation, sourcing, supply chain, and global merchandising, are not allocated to the segments.

Americas Segment

The Americas segment generated net revenue of $7,847,044 thousand in 2025, representing 70.7 percent of total net revenue. This compared with $7,928,156 thousand in 2024, a decrease of 1.0 percent. Segmented income from operations was $2,560,658 thousand.

The company has operated in the Americas for over 25 years, opening its first store in Vancouver, Canada, in 1998. Operations include company-operated stores, outlets, pop-ups, and temporary locations. Guests are also served via the e-commerce website www.lululemon.com, the mobile app, the Like New re-commerce program, and certain wholesale arrangements including fitness studios, athletic organizations, corporate sales, university campus retailers, and other organizations that partner to sell co-branded products. On September 10, 2024, the company acquired the lululemon branded retail locations and operations in Mexico previously run by a third-party licensee.

As of February 1, 2026, the Americas had 476 company-operated stores (379 in the United States, 71 in Canada, and 26 in Mexico), up from 462 on February 2, 2025. Sales per square foot were $1,426 in 2025 compared with $1,574 in 2024. The segment remains core to the business, with ongoing product innovation, increased new style penetration, improved localized assortment by store and by market, and brand awareness building through product activation strategies aligned with new product innovation.

China Mainland Segment

China Mainland generated net revenue of $1,754,799 thousand in 2025, or 15.8 percent of total net revenue. This marked a 28.9 percent increase from $1,361,337 thousand in 2024. Segmented income from operations reached $701,123 thousand.

The company has operated in China Mainland for over a decade, opening its first store in fiscal 2014. Net revenue growth is expected to continue as operations expand and brand awareness builds. The company plans to continue investing in China Mainland, with most company-operated store openings in 2026 expected in this market. Operations include different sizes of company-operated stores, outlets, pop-ups, and other temporary locations. Guests are also served via the WeChat store and third-party online marketplaces. As of February 1, 2026, there were 172 company-operated stores, up from 151 on February 2, 2025.

Rest of World Segment

Rest of World (comprising APAC and EMEA) generated net revenue of $1,500,757 thousand in 2025, representing 13.5 percent of total net revenue. This was a 15.6 percent increase from $1,298,633 thousand in 2024. Segmented income from operations was $345,901 thousand.

The company continues to invest in these markets to build brand awareness, including leveraging global ambassadors. New retail locations are planned in new EMEA and APAC markets where growth opportunities are identified. Operations include different sizes of company-operated stores, outlets, pop-ups, and stores operated by third parties under license and supply arrangements. Guests are also served via country-specific websites, the mobile app, and regional third-party online marketplaces.

As of February 1, 2026, Rest of World had 163 company-operated stores (114 in APAC and 49 in EMEA), up from 154 on February 2, 2025. APAC store counts included Australia (34), South Korea (22), Hong Kong SAR (11), Japan (10), Singapore (9), New Zealand (8), Taiwan (7), Malaysia (5), Thailand (5), and Macau SAR (3). EMEA included United Kingdom (20), Germany (9), France (6), Ireland (4), Spain (3), Netherlands (2), Sweden (2), Italy (1), Norway (1), and Switzerland (1).

Third-party operated locations under license and supply arrangements totaled 45 as of February 1, 2026 (up from 34), including United Arab Emirates (13), Saudi Arabia (9), Israel (8), Kuwait (4), Qatar (4), Turkey (3), Belgium (2), Bahrain (1), and Denmark (1).

History and Evolution

lululemon athletica inc. opened its first store in Vancouver, Canada, in 1998. The company has operated in the Americas for over 25 years. Expansion into China Mainland began with the opening of the first store in fiscal 2014, and the company has now operated there for over a decade. Operations have grown to include 30 countries around the world.

In 2020, the company acquired MIRROR, which was later rebranded as lululemon Studio. In 2023, the company discontinued selling its hardware and offering its digital app-only subscription. On September 10, 2024, the company acquired the lululemon branded retail locations and operations in Mexico previously run by a third-party licensee.

The company’s fiscal year ends on the Sunday closest to January 31 of the following year, typically resulting in a 52-week year but occasionally giving rise to an additional week, resulting in a 53-week year. Fiscal 2025 was a 52-week year and fiscal 2024 was a 53-week year. The next fiscal year ends on January 31, 2027 and is referred to as 2026.

As of February 1, 2026, the company operated 811 company-operated stores, up from 767 on February 2, 2025, and 711 on January 28, 2024. The Chief Executive Officer stepped down effective January 31, 2026, and interim co-Chief Executive Officers were appointed to lead during a transition period while a search for a permanent Chief Executive Officer is conducted.

Products and Services

During 2025, women’s, men’s, and accessories and other categories represented 63 percent, 24 percent, and 13 percent of net revenue, respectively.

Women’s Products

Women’s products remain core to the business. The assortment includes pants, shorts, tops, and jackets designed for a healthy lifestyle including athletic activities such as yoga, running, training, and most other activities. Apparel is also designed for being on the move. The company continues to innovate in bringing new performance fabrics and styles to attract and retain guests. Women’s products accounted for 63 percent of net revenue in 2025.

Men’s Products

Men’s products are a key pillar of the strategic growth plans. Net revenue from the men’s range is growing as more guests discover the technical rigor and premium quality of the products and are attracted by the distinctive brand. The assortment includes technical athletic apparel designed with the same commitment to function, style, and technical superiority as the women’s line. Men’s products accounted for 24 percent of net revenue in 2025.

Accessories and Other Categories

Accessories and other categories continue to see innovation and the introduction of new product categories and expansion of the accessories assortment. This category is viewed as another way to attract new guests and enable them to experience the products. It accounted for 13 percent of net revenue in 2025.

The company offers a comprehensive line of technical athletic apparel, footwear, and accessories marketed under the lululemon brand. The design and development team continues to source technically advanced fabrics, with new feel and fit, and craft innovative functional features. Through a vertical retail strategy and direct connection with customers (referred to as guests), unique performance and fashion needs are incorporated into the design process.

Brand Portfolio

The company markets its products exclusively under the lululemon brand. The brand is integral to the business and expansion strategies. Maintaining, promoting, and positioning the brand depends largely on the success of marketing and merchandising efforts and the ability to provide a consistent, high-quality product and guest experience.

The company holds trademark rights on many of its products and believes having distinctive marks that are readily identifiable is an important factor in building brand image and distinguishing products from those of others. The lululemon and wave design trademarks are considered among the most valuable assets. Additional trademarks cover the names of several brands, slogans, fabrics, and products. The company owns registered and pending U.S. and foreign utility and design patents, industrial designs in Canada, and registered community designs in Europe that protect product innovations, distinctive apparel, and accessory designs.

No other brands are disclosed as generating separate revenue streams. All net revenue is attributed to the lululemon brand and its related product categories.

Geographical Presence

The company operates in 30 countries and organizes operations into four regional markets: Americas, China Mainland, APAC, and EMEA. Net revenue is reported in three segments, with Rest of World combining APAC and EMEA.

Americas

Net revenue: $7,847,044 thousand (70.7 percent of total). The region includes the United States, Canada, and Mexico. Company-operated stores totaled 476 as of February 1, 2026. The company has operated in the Americas for over 25 years.

China Mainland

Net revenue: $1,754,799 thousand (15.8 percent of total). Company-operated stores totaled 172 as of February 1, 2026. The first store opened in fiscal 2014.

Rest of World (APAC and EMEA)

Net revenue: $1,500,757 thousand (13.5 percent of total). Company-operated stores totaled 163 as of February 1, 2026 (114 in APAC and 49 in EMEA). Third-party locations under license and supply arrangements totaled 45.

Manufacturing occurs through a limited number of suppliers. In 2025, approximately 40 percent of products were manufactured in Vietnam, 18 percent in Cambodia, 11 percent in Sri Lanka, 11 percent in Indonesia, and 7 percent in Bangladesh, with the remainder in other regions. Approximately 34 percent of fabric originated from Taiwan, 29 percent from China Mainland, 10 percent from South Korea, and 10 percent from Vietnam. Distribution centers are owned or leased in the United States, Canada, and Australia, with third-party logistics providers used in other markets.

Profit and Loss

The following table presents the consolidated statements of operations for the fiscal years ended February 1, 2026, February 2, 2025, and January 28, 2024 (amounts in thousands, except per share amounts):

	February 1, 2026	February 2, 2025	January 28, 2024
Net revenue	$11,102,600	$10,588,126	$9,619,278
Cost of goods sold	4,818,468	4,317,315	4,009,873
Gross profit	6,284,132	6,270,811	5,609,405
Selling, general and administrative expenses	4,066,556	3,762,379	3,397,218
Impairment of assets and restructuring costs	—	—	74,501
Amortization of intangible assets	6,961	2,735	5,010
Income from operations	2,210,615	2,505,697	2,132,676
Other income (expense), net	28,352	70,380	43,059
Income before income tax expense	2,238,967	2,576,077	2,175,735
Income tax expense	659,784	761,461	625,545
Net income	$1,579,183	$1,814,616	$1,550,190
Basic earnings per share	$13.27	$14.67	$12.23
Diluted earnings per share	$13.26	$14.64	$12.20

Gross margin was 56.6 percent in 2025, down 260 basis points from 59.2 percent in 2024. Operating margin decreased 380 basis points to 19.9 percent. The effective tax rate was 29.5 percent in 2025 compared with 29.6 percent in 2024. Net income decreased 13.0 percent year over year.

Comparable sales increased 2 percent. By region on a constant dollar basis, Americas comparable sales decreased 3 percent, China Mainland increased 19 percent, and Rest of World increased 7 percent.

Balance Sheet

The following table presents the consolidated balance sheets as of February 1, 2026 and February 2, 2025 (amounts in thousands):

Assets	February 1, 2026	February 2, 2025
Cash and cash equivalents	$1,807,202	$1,984,336
Accounts receivable, net	190,657	120,173
Inventories	1,700,753	1,442,081
Prepaid and receivable income taxes	352,469	182,253
Prepaid expenses and other current assets	211,620	251,459
Total current assets	4,262,701	3,980,302
Property and equipment, net	2,033,720	1,780,617
Right-of-use lease assets	1,630,181	1,416,256
Goodwill	184,911	159,518
Intangible assets, net	6,283	11,673
Deferred income tax assets	24,037	17,085
Other non-current assets	314,910	237,841
Total assets	$8,456,743	$7,603,292

Liabilities and Stockholders’ Equity	February 1, 2026	February 2, 2025
Accounts payable	$331,421	$271,406
Accrued liabilities and other	662,382	559,463
Accrued compensation and related expenses	187,887	204,543
Current lease liabilities	298,724	275,154
Current income taxes payable	43,948	183,126
Unredeemed gift card liability	316,632	308,352
Other current liabilities	45,954	37,586
Total current liabilities	1,887,548	1,839,630
Non-current lease liabilities	1,499,717	1,300,637
Deferred income tax liabilities	52,278	98,188
Other non-current liabilities	55,360	40,790
Total liabilities	3,494,903	3,279,245
Common stock	557	581
Additional paid-in capital	669,392	638,190
Retained earnings	4,522,581	4,109,717
Accumulated other comprehensive loss	(230,690)	(424,441)
Total stockholders’ equity	4,961,840	4,324,047
Total liabilities and stockholders’ equity	$8,456,743	$7,603,292

Inventories as of February 1, 2026 were $1,700,753 thousand, inclusive of an inventory provision of $88.8 million. The company had cash and cash equivalents of $935.1 million outside of the United States.

Cash Flow

The following table presents the consolidated statements of cash flows for the fiscal years ended February 1, 2026, February 2, 2025, and January 28, 2024 (amounts in thousands):

	February 1, 2026	February 2, 2025	January 28, 2024
Net cash provided by operating activities	$1,602,477	$2,272,713	$2,296,164
Net cash used in investing activities	(662,118)	(798,174)	(654,132)
Net cash used in financing activities	(1,208,656)	(1,652,508)	(548,828)
Effect of foreign currency exchange rate changes	91,163	(81,666)	(4,100)
Increase (decrease) in cash and cash equivalents	(177,134)	(259,635)	1,089,104
Cash and cash equivalents, beginning of period	1,984,336	2,243,971	1,154,867
Cash and cash equivalents, end of period	$1,807,202	$1,984,336	$2,243,971

Key investing activities included purchase of property and equipment of $680,802 thousand in 2025. Financing activities included repurchase of common stock of $1,178,349 thousand.

Board of Directors and Leadership Team

The board of directors is responsible for the oversight of cybersecurity risks and has delegated primary responsibility to the audit committee. The audit committee maintains a cybersecurity sub-committee comprised of the Chief AI & Technology Officer, the SVP, Chief Information Security Officer, and representatives from the audit committee and board of directors.

The Chief Executive Officer stepped down effective January 31, 2026. Interim co-Chief Executive Officers were appointed to lead during a transition period while a search for a permanent Chief Executive Officer is conducted. The Chief Information Security Officer joined in March 2026 and has approximately 20 years of technology experience.

Detailed individual director profiles and full committee compositions are incorporated by reference to the Proxy Statement for the 2026 Annual Meeting of Stockholders and are not fully detailed in this Form 10-K.

Subsidiaries, Associates, Joint Ventures

The consolidated financial statements include the accounts of lululemon athletica inc. and its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated. Lulu Canadian Holding, Inc. is a wholly-owned subsidiary that issues exchangeable shares. As of March 11, 2026, there were 5,115,961 outstanding exchangeable shares of Lulu Canadian Holding, Inc., exchangeable for an equal number of shares of the registrant’s common stock.

No associates or joint ventures with partial ownership are disclosed as contributing separately to revenue. All operations are conducted through wholly-owned entities or license and supply arrangements with third parties.

Other Investments (Including Minority / Portfolio Holdings)

No minority holdings below 20 percent ownership, portfolio investments, strategic investments, or equity investments measured at fair value (FVTPL / FVOCI) are disclosed with ownership percentages, revenue contributions, or detailed profiles in the report. The company holds cash and cash equivalents and uses derivative financial instruments to manage foreign currency exchange rate risks.

Physical Properties (Offices, Plants, Factories, etc.)

The principal executive and administrative offices are located at 1818 Cornwall Avenue, Vancouver, British Columbia, Canada, V6J 1C7.

Owned properties include:

• Groveport, OH, United States – Distribution Center – approximately 605,000 square feet
• Vancouver, BC, Canada – Executive and Administrative Offices – approximately 140,000 square feet

Leased properties include:

• Ontario, CA, United States – Distribution Center – approximately 1,255,000 square feet (lease renewal February 2039)
• Brampton, ON, Canada – Distribution Center – approximately 980,000 square feet (lease renewal October 2039; committed but not yet commenced, expected operational in fiscal 2026)
• Delta, BC, Canada – Distribution Center – approximately 375,000 square feet (lease renewal December 2037)
• Vancouver, BC, Canada – Executive and Administrative Offices – approximately 290,000 square feet (lease renewal November 2041; expected in use in fiscal 2027)
• Milton, ON, Canada – Distribution Center – approximately 255,000 square feet (lease renewal May 2031)
• Mississauga, ON, Canada – Distribution Center – approximately 250,000 square feet (lease renewal September 2033)
• Ravenhall, VIC, Australia – Distribution Center – approximately 250,000 square feet (lease renewal September 2033)
• Delta, BC, Canada – Distribution Center – approximately 155,000 square feet (lease renewal January 2031)
• Vancouver, BC, Canada – Executive and Administrative Offices – approximately 120,000 square feet (lease renewal October 2032)
• Vancouver, BC, Canada – Executive and Administrative Offices – approximately 105,000 square feet (lease renewal October 2027)

The company does not own or operate any manufacturing facilities. Products are obtained from a limited number of suppliers.

Founders

The report does not provide detailed founder information. The company opened its first store in Vancouver, Canada, in 1998 and has operated in the Americas for over 25 years.

Parent

lululemon athletica inc. is the registrant and parent entity. No higher parent company is disclosed. Lulu Canadian Holding, Inc. is a wholly-owned subsidiary.

Investments and Capital Expenditure Plans

Capital expenditures include opening new stores and remodeling or relocating existing stores, investing in distribution centers, investing in technology and making system enhancements, funding working capital requirements, and other strategic capital investments. Purchase of property and equipment totaled $680,802 thousand in 2025.

The company plans to continue to expand square footage and open new company-operated stores to support growth objectives. Most company-operated store openings in 2026 are expected in China Mainland. An action plan has been developed to drive improvement in the Americas, structured around three strategic pillars: product creation, product activation, and enterprise efficiency.

In 2025, the company repurchased 5.0 million shares for $1.2 billion. The board of directors approved a $1.0 billion increase to the stock repurchase authorization in December 2025. Remaining authorized amount available under the program as of February 1, 2026 was $1.4 billion.

Shareholding Pattern

As of March 11, 2026, there were 110,482,671 shares of common stock outstanding and 5,115,961 exchangeable shares outstanding. The aggregate market value of the voting stock held by non-affiliates on August 1, 2025 was approximately $17,576,000,000. Affiliates were defined as including the executive officers, directors, and owners of 10 percent or more of the outstanding voting stock.

Detailed breakdowns of promoter, institutional, and public holdings are not provided in the Form 10-K beyond the non-affiliate market value calculation.

Future Strategy

The company aims to efficiently and effectively serve guests in the ways most convenient to them through an omni-channel retail model. Plans include continuing to expand square footage and open new company-operated stores. Investment will continue in China Mainland, with most 2026 store openings expected there. New retail locations are planned in new EMEA and APAC markets where growth opportunities are identified.

An action plan for the Americas focuses on three strategic pillars: product creation (delivering the product guests expect, increasing frequency and breadth of new styles, improving speed to market), product activation (bringing product to life in new and compelling ways, improving in-store experience and digital experience), and enterprise efficiency (operating as efficiently as possible, mitigating the cost of increased tariffs and current revenue trends).

The company continues to innovate across product areas and expects to broaden merchandise offerings. Brand awareness will be expanded across activities and categories including yoga, pilates, running, training, golf, and tennis through a multi-faceted strategy leveraging owned and paid channels, the ambassador network, events, and content.

Key Strengths

• Distinctive corporate culture and core values that attract passionate and motivated employees.
• Vertical retail strategy and direct connection with guests enabling unique performance and fashion feedback into the design process.
• Premium brand image and recognition combined with commitment to technical product innovation and highest quality product.
• Omni-channel capabilities including buy online pick up in store, back-back room, ship from store, returns processing, and one inventory pool.
• Strong growth in international markets, particularly China Mainland (28.9 percent net revenue growth) and Rest of World (15.6 percent growth).
• Robust cash generation with $1,602,477 thousand in net cash provided by operating activities in 2025.
• Solid balance sheet with $1,807,202 thousand in cash and cash equivalents and total stockholders’ equity of $4,961,840 thousand.
• Expanding store base to 811 company-operated stores and approximately 39,000 employees worldwide.

Key Challenges and Risks

Risks disclosed include dependence on maintaining brand value and reputation; highly competitive market; inability to anticipate consumer preferences or successfully develop innovative products; manufacturing or design defects; sales and profitability pressure from increasing costs and decreasing selling prices; inability to accurately forecast guest demand; limited operating experience and brand recognition in new international markets and new product categories; dependence on senior management and ability to attract and retain highly qualified individuals; inability to effectively manage growth and increased complexity; changes in consumer shopping preferences and shifts in distribution channels; risks associated with leasing retail and distribution space; seasonality; changes in U.S. tariff and customs policy, including elimination of the de minimis exemption; macroeconomic volatility and inflationary pressures; global political and economic instability; trade restrictions, tariffs, and customs changes; changes in tax laws; failure to comply with trade and other regulations; fluctuations in foreign currency exchange rates; public health crises; disruptions in the supply chain dependent on international suppliers; relatively small number of vendors supplying and manufacturing a significant portion of products; fluctuating cost of raw materials; problems with the distribution system; information security and technology risks including cybersecurity breaches; privacy and data protection laws; technology systems disruptions; intellectual property risks; actions of stockholders, activists, or shifting consumer sentiment; periodic claims and litigation; anti-takeover provisions; climate change and related pressures; and heightened scrutiny and legal risks from competing pressures regarding ESG practices and disclosures.

The removal of the de minimis exemption and increased tariffs resulted in a reduction in gross profit for 2025 of approximately $275 million. Unmitigated impact of increased tariffs and the removal of the de minimis exemption is expected to continue to affect gross margin and income from operations in 2026.

Conclusion and Strategic Outlook

lululemon athletica inc. delivered net revenue growth of 5 percent to $11,102,600 thousand in the fiscal year ended February 1, 2026, driven by strong international performance that offset a decline in the Americas. China Mainland grew 28.9 percent and Rest of World grew 15.6 percent. Gross profit remained essentially flat at $6,284,132 thousand while income from operations declined to $2,210,615 thousand and net income to $1,579,183 thousand, reflecting higher costs including tariffs and increased operating expenses.

The company continues to invest in its omni-channel model, product innovation, and international expansion, particularly in China Mainland. An action plan targets improvement in the Americas through product creation, activation, and enterprise efficiency. With 811 company-operated stores, a growing international footprint, and a balance sheet showing $1,807,202 thousand in cash and $4,961,840 thousand in equity, the company is positioned to pursue its stated growth objectives while navigating the disclosed risks related to tariffs, competition, and macroeconomic conditions.

FAQ Section

What was lululemon’s total net revenue in fiscal 2025? Net revenue was $11,102,600 thousand for the fiscal year ended February 1, 2026.

How much did the Americas, China Mainland, and Rest of World segments contribute? Americas contributed $7,847,044 thousand (70.7 percent), China Mainland $1,754,799 thousand (15.8 percent), and Rest of World $1,500,757 thousand (13.5 percent).

What percentage of net revenue came from women’s, men’s, and accessories products? Women’s products represented 63 percent, men’s 24 percent, and accessories and other categories 13 percent of net revenue in 2025.

How many company-operated stores did lululemon have at the end of fiscal 2025? The company operated 811 company-operated stores as of February 1, 2026.

What was net income and diluted earnings per share in 2025? Net income was $1,579,183 thousand and diluted earnings per share was $13.26.

What is the company’s headquarters address? 1818 Cornwall Avenue, Vancouver, British Columbia V6J 1C7, Canada.

How many employees does lululemon have? Approximately 39,000 employees worldwide as of February 1, 2026.

What were the main sources of product manufacturing in 2025? Approximately 40 percent of products were manufactured in Vietnam, 18 percent in Cambodia, 11 percent in Sri Lanka, 11 percent in Indonesia, and 7 percent in Bangladesh.

Did the company pay dividends? The company does not anticipate paying any cash dividends on its common stock in the foreseeable future.

What is the status of the Chief Executive Officer role? The Chief Executive Officer stepped down effective January 31, 2026, and interim co-Chief Executive Officers were appointed while a search for a permanent successor is conducted.

Official Site: https://www.lululemon.com