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LULU (Lululemon Athletica) Gross Profit : $5,992 Mil (TTM As of Oct. 2024)


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What is Lululemon Athletica Gross Profit?

Lululemon Athletica's gross profit for the three months ended in Oct. 2024 was $1,402 Mil. Lululemon Athletica's gross profit for the trailing twelve months (TTM) ended in Oct. 2024 was $5,992 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Lululemon Athletica's gross profit for the three months ended in Oct. 2024 was $1,402 Mil. Lululemon Athletica's Revenue for the three months ended in Oct. 2024 was $2,397 Mil. Therefore, Lululemon Athletica's Gross Margin % for the quarter that ended in Oct. 2024 was 58.48%.

Lululemon Athletica had a gross margin of 58.48% for the quarter that ended in Oct. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Lululemon Athletica was 58.85%. The lowest was 48.39%. And the median was 55.31%.


Lululemon Athletica Gross Profit Historical Data

The historical data trend for Lululemon Athletica's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lululemon Athletica Gross Profit Chart

Lululemon Athletica Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,223.39 2,463.99 3,608.57 4,492.34 5,609.41

Lululemon Athletica Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,256.66 1,903.43 1,275.07 1,412.19 1,401.61

Competitive Comparison of Lululemon Athletica's Gross Profit

For the Apparel Retail subindustry, Lululemon Athletica's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lululemon Athletica's Gross Profit Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lululemon Athletica's Gross Profit distribution charts can be found below:

* The bar in red indicates where Lululemon Athletica's Gross Profit falls into.



Lululemon Athletica Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Lululemon Athletica's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Gross Profit (A: Jan. 2024 )=Revenue - Cost of Goods Sold
=9619.278 - 4009.873
=5,609

Lululemon Athletica's Gross Profit for the quarter that ended in Oct. 2024 is calculated as

Gross Profit (Q: Oct. 2024 )=Revenue - Cost of Goods Sold
=2396.66 - 995.054
=1,402

Gross Profit for the trailing twelve months (TTM) ended in Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5,992 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Lululemon Athletica's Gross Margin % for the quarter that ended in Oct. 2024 is calculated as

Gross Margin % (Q: Oct. 2024 )=Gross Profit (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,402 / 2396.66
=58.48 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Lululemon Athletica  (NAS:LULU) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Lululemon Athletica had a gross margin of 58.48% for the quarter that ended in Oct. 2024 => Durable competitive advantage


Lululemon Athletica Gross Profit Related Terms

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Lululemon Athletica Business Description

Address
1818 Cornwall Avenue, Vancouver, BC, CAN, V6J 1C7
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. Lululemon offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. The company also sells fitness accessories, such as bags, yoga mats, and equipment. Lululemon sells its products through more than 700 company-owned stores in about 20 countries, e-commerce, outlets, and wholesale accounts. The company was founded in 1998 and is based in Vancouver, Canada.
Executives
Nicole Neuburger officer: Chief Brand Officer C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Calvin Mcdonald director, officer: Chief Executive Officer C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Morfitt Martha A M director P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Meghan Frank officer: Chief Financial Officer C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Celeste Burgoyne officer: Pres Americas&Global Guest C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVE, VANCOUVER A1 V6J 1C7
Shane Grant director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Michelle Sun Choe officer: Chief Product Officer C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVE, VANCOUVER A1 V6J 1C7
David M Mussafer director C/O ADVENT INTERNATIONAL CORP, 75 STATE ST 29TH FLOOR, BOSTON MA 02104
Isabel Mahe director ONE APPLE PARK WAY, MS169:2CL, CUPERTINO CA 95014
Kathryn Henry director C/O LULULEMON ATHLETICA, INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Kourtney Gibson director C/O MARKETAXESS HOLDINGS INC., 55 HUDSON YARDS, 15TH FLOOR, NEW YORK NY 10001
Alison Loehnis director C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J1C7
Andre Maestrini officer: EVP, International C/O LULULEMON ATHLETICA INC., 1818 CORNWALL AVENUE, VANCOUVER A1 V6J 1C7
Stephanie Ferris director C/O VANTIV, INC., 8500 GOVERNORS HILL DRIVE, CINCINNATI OH 45249
Martin Michael Casey director