Lululemon Athletica Inc. (LULU)

Gross profit margin

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Jan 31, 2024	Jan 28, 2024	Oct 31, 2023	Oct 29, 2023	Jul 31, 2023	Jul 30, 2023	Apr 30, 2023	Jan 31, 2023	Jan 29, 2023	Oct 31, 2022	Oct 30, 2022	Jul 31, 2022	May 1, 2022	Apr 30, 2022	Jan 31, 2022	Jan 30, 2022
Gross profit (ttm)	US$ in thousands	6,270,810	5,992,280	6,494,090	6,338,570	6,320,160	5,715,250	5,110,340	5,004,480	5,275,440	5,504,550	5,244,890	5,132,940	4,660,800	4,003,573	3,835,116	4,032,436	4,213,126	4,172,126	4,144,419	3,750,935
Revenue (ttm)	US$ in thousands	10,588,130	10,181,730	10,987,150	10,820,290	10,815,620	9,819,680	8,826,760	8,623,330	9,190,950	9,773,070	9,420,800	9,276,900	8,373,390	7,205,950	6,962,520	7,234,740	7,510,760	7,337,340	7,174,500	6,496,010
Gross profit margin		59.22%	58.85%	59.11%	58.58%	58.44%	58.20%	57.90%	58.03%	57.40%	56.32%	55.67%	55.33%	55.66%	55.56%	55.08%	55.74%	56.09%	56.86%	57.77%	57.74%

January 31, 2025 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $6,270,810K ÷ $10,588,130K
= 59.22%

The gross profit margin of Lululemon Athletica Inc. has shown fluctuations over the past few years, ranging from a low of 55.08% on October 30, 2022, to a high of 59.22% on January 31, 2025. The company's gross profit margin has generally been above 55%, indicating a healthy level of profitability in its core operations.

There seems to be a trend of improvement in the gross profit margin since October 2023, with the margin gradually increasing from 58.03% on October 29, 2023, to 59.22% on January 31, 2025. This upward trend suggests that Lululemon Athletica Inc. has been effectively managing its cost of goods sold and enhancing its pricing strategies to generate higher gross profits relative to its revenue.

Investors and stakeholders may view the consistent improvement in the gross profit margin positively, as it demonstrates the company's ability to efficiently produce and sell its products. However, it is essential to continue monitoring and analyzing the gross profit margin in conjunction with other financial metrics to assess the overall financial health and performance of Lululemon Athletica Inc.