Income Statement
Quarterly Data

The income statement presents information on the financial results of a company business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

lululemon athletica inc., consolidated income statement (quarterly data)

US$ in thousands

3 months ended:	Jan 28, 2024	Oct 29, 2023	Jul 30, 2023	Apr 30, 2023	Jan 29, 2023	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Jan 30, 2022	Oct 31, 2021	Aug 1, 2021	May 2, 2021	Jan 31, 2021	Nov 1, 2020	Aug 2, 2020	May 3, 2020	Feb 2, 2020	Nov 3, 2019	Aug 4, 2019	May 5, 2019	Feb 3, 2019	Oct 28, 2018	Jul 29, 2018	Apr 29, 2018
Net revenue	3,205,103)	2,204,218)	2,209,165)	2,000,792)	2,771,838)	1,856,889)	1,868,328)	1,613,463)	2,129,113)	1,450,421)	1,450,618)	1,226,465)	1,729,549)	1,117,426)	902,942)	651,962)	1,397,491)	916,138)	883,352)	782,315)	1,167,458)	747,655)	723,500)	649,706)
Cost of goods sold	(1,301,678)	(947,554)	(910,654)	(849,987)	(1,244,219)	(818,037)	(812,852)	(743,070)	(892,941)	(621,028)	(607,932)	(526,151)	(716,815)	(490,072)	(413,441)	(317,560)	(586,665)	(411,094)	(397,556)	(360,595)	(498,875)	(340,878)	(327,306)	(304,973)
Gross profit	1,903,425)	1,256,664)	1,298,511)	1,150,805)	1,527,619)	1,038,852)	1,055,476)	870,393)	1,236,172)	829,393)	842,686)	700,314)	1,012,734)	627,354)	489,501)	334,402)	810,826)	505,044)	485,796)	421,720)	668,583)	406,777)	396,194)	344,733)
Selling, general and administrative expenses	(989,535)	(842,795)	(817,375)	(747,513)	(803,107)	(684,236)	(662,253)	(607,851)	(641,959)	(545,124)	(541,317)	(496,634)	(544,831)	(411,708)	(352,881)	(299,583)	(394,317)	(329,208)	(317,814)	(292,908)	(337,163)	(270,874)	(261,986)	(240,428)
Impairment of assets and restructuring costs	—)	(74,501)	—)	—)	(407,913)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Amortization of intangible assets	—)	(1,253)	(1,879)	(1,878)	(2,173)	(2,189)	(2,195)	(2,195)	(2,197)	(2,195)	(2,195)	(2,195)	(2,195)	(2,195)	(747)	(23)	(22)	(7)	—)	—)	—)	—)	—)	—)
Acquisition-related expenses	—)	—)	—)	—)	—)	—)	—)	—)	(1,460)	(24,127)	(8,143)	(7,664)	(7,802)	(8,531)	(11,464)	(2,045)	—)	—)	—)	—)	—)	—)	—)	—)
Gain on disposal of assets	—)	—)	—)	—)	—)	—)	10,180)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)	—)
Income from operations	913,890)	338,115)	479,257)	401,414)	314,426)	352,427)	401,208)	260,347)	590,556)	257,947)	291,031)	193,821)	457,906)	204,920)	124,409)	32,751)	416,487)	175,829)	167,982)	128,812)	331,420)	135,903)	134,208)	104,305)
Other income (expense), net	17,830)	9,842)	7,362)	8,025)	3,709)	331)	145)	(22)	176)	15)	96)	227)	(886)	(580)	(344)	1,174)	2,129)	1,925)	1,850)	2,379)	2,861)	2,044)	1,591)	2,918)
Income before income tax expense	931,720)	347,957)	486,619)	409,439)	318,135)	352,758)	401,353)	260,325)	590,732)	257,962)	291,127)	194,048)	457,020)	204,340)	124,065)	33,925)	418,616)	177,754)	169,832)	131,191)	334,281)	137,947)	135,799)	107,223)
Income tax expense	(262,252)	(99,243)	(145,016)	(119,034)	(198,324)	(97,288)	(111,832)	(70,327)	(156,228)	(70,174)	(83,053)	(49,092)	(127,183)	(60,697)	(37,264)	(5,293)	(120,595)	(51,772)	(44,842)	(34,588)	(115,816)	(43,534)	(40,029)	(32,070)
Net income	669,468)	248,714)	341,603)	290,405)	119,811)	255,470)	289,521)	189,998)	434,504)	187,788)	208,074)	144,956)	329,837)	143,643)	86,801)	28,632)	298,021)	125,982)	124,990)	96,603)	218,465)	94,413)	95,770)	75,153)

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Income statement item	Description	The company
Net revenue	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	lululemon athletica inc. net revenue decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
Income from operations	The net result for the period of deducting operating expenses from operating revenues.	lululemon athletica inc. income from operations decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
Income before income tax expense	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	lululemon athletica inc. income before income tax expense decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
Net income	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	lululemon athletica inc. net income decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.

lululemon athletica inc. (NASDAQ:LULU)

Income StatementQuarterly Data

Income Statement
Quarterly Data