Lululemon Athletica (NASDAQ:LULU) Full Year 2024 Results

Key Financial Results

• Revenue: US$9.62b (up 19% from FY 2023).
• Net income: US$1.55b (up 81% from FY 2023).
• Profit margin: 16% (up from 11% in FY 2023). The increase in margin was driven by higher revenue.
• EPS: US$12.23 (up from US$6.70 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Lululemon Athletica EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.1%.

The primary driver behind last 12 months revenue was the Americas segment contributing a total revenue of US$7.63b (79% of total revenue). The largest operating expense was General & Administrative costs, amounting to US$2.97b (73% of total expenses). Explore how LULU's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Luxury industry in the US.

Performance of the American Luxury industry.

The company's shares are down 17% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Lululemon Athletica's balance sheet and an in-depth analysis of the company's financial position.

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