Lululemon Athletica said 2024 Q4 net revenue increased 13% to $3.6 billion, or 8% excluding the 53rd week, and diluted earnings per share were $6.14 compared to $5.29 in 2023 Q4.

1. 01

   Lululemon Athletica said 2024 Q4 net revenue increased 13% to $3.6 billion, or 8% excluding the 53rd week, and diluted earnings per share were $6.14 compared to $5.29 in 2023 Q4.

2. 02

   The company said full-year 2024 net revenue increased 10% to $10.6 billion, diluted earnings per share were $14.64 compared to $12.20 in 2023, and annual revenue surpassed $10 billion for the first time.

3. 03

   Lululemon said full-year 2024 income from operations increased 17% to $2.5 billion, operating margin increased 150 basis points to 23.7%, and adjusted income from operations increased 12%. The adjusted measures exclude lululemon Studio-related items in 2023.

4. 04

   The company said net cash provided by operating activities in 2024 was $2,272,713 thousand, it repurchased 5.1 million shares for $1.6 billion, and cash and cash equivalents at year-end were $2.0 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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