Stock Analysis on Net
Stock Analysis on Net

lululemon athletica inc. (NASDAQ:LULU)

Common-Size Income Statement

lululemon athletica inc., common-size consolidated income statement

Microsoft Excel
12 months ended: Jan 28, 2024 Jan 29, 2023 Jan 30, 2022 Jan 31, 2021 Feb 2, 2020 Feb 3, 2019
Net revenue 100.00 100.00 100.00 100.00 100.00 100.00
Cost of goods sold -41.69 -44.61 -42.32 -44.02 -44.13 -44.77
Gross profit 58.31% 55.39% 57.68% 55.98% 55.87% 55.23%
Selling, general and administrative expenses -35.32 -34.00 -35.56 -36.55 -33.53 -33.77
Impairment of goodwill and other assets, restructuring costs -0.77 -5.03 0.00 0.00 0.00 0.00
Amortization of intangible assets -0.05 -0.11 -0.14 -0.12 0.00 0.00
Acquisition-related expenses 0.00 0.00 -0.66 -0.68 0.00 0.00
Gain on disposal of assets 0.00 0.13 0.00 0.00 0.00 0.00
Income from operations 22.17% 16.38% 21.31% 18.63% 22.34% 21.46%
Other income (expense), net 0.45 0.05 0.01 -0.01 0.21 0.29
Income before income tax expense 22.62% 16.43% 21.32% 18.61% 22.55% 21.75%
Income tax expense -6.50 -5.89 -5.73 -5.23 -6.33 -7.04
Net income 16.12% 10.54% 15.59% 13.38% 16.22% 14.71%

Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).

Income statement item Description The company
Income from operations The net result for the period of deducting operating expenses from operating revenues. lululemon athletica inc. income from operations as a percentage of net revenue decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 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 as a percentage of net revenue decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 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 as a percentage of net revenue decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.