Lululemon Athletica Inc. (LULU)

Gross profit margin

		Jan 31, 2025	Jan 31, 2024	Jan 28, 2024	Jan 31, 2023	Jan 29, 2023
Gross profit	US$ in thousands	6,270,810	5,609,400	5,609,400	4,492,340	4,492,340
Revenue	US$ in thousands	10,588,100	9,619,280	9,586,750	8,110,520	8,149,170
Gross profit margin		59.23%	58.31%	58.51%	55.39%	55.13%

January 31, 2025 calculation

Gross profit margin = Gross profit ÷ Revenue
= $6,270,810K ÷ $10,588,100K
= 59.23%

Lululemon Athletica Inc.'s gross profit margin has shown a positive trend over the past few years, reflecting strong performance in managing production and cost of goods sold. The margin increased from 55.13% as of January 29, 2023, to 59.23% as of January 31, 2025. This upward trajectory demonstrates the company's ability to generate more profit from its sales revenue after accounting for the direct costs associated with producing goods. The improvement in gross profit margin signifies enhanced efficiency in manufacturing and pricing strategies, ultimately contributing to the company's overall profitability and financial health. Overall, Lululemon's consistent growth in gross profit margin reflects its effective management of production and cost structures.