lulu: the income statement

MyFinsight

For the quarter ending 2025-08-03, LULU made $2,525,219K in revenue. $376,402K in net income. Net profit margin of 14.91%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-08-03	2025-05-04	2024-10-27	2024-07-28
Net revenue	2,525,219	2,370,660	2,396,660	2,371,078
Cost of goods sold	1,048,017	987,534	995,054	958,893
Gross profit	1,477,202	1,383,126	1,401,606	1,412,185
Selling, general and administrative expenses	951,658	942,871	909,827	871,959
Impairment of assets and restructuring costs	-	-	0	-
Amortization of intangible assets	1,730	1,630	1,118	0
Income from operations	523,814	438,625	490,661	540,226
Other income (expense), net	9,737	11,786	13,743	17,994
Income before income tax expense	533,551	450,411	504,404	558,220
Income tax expense	162,646	135,839	152,534	165,298
Net income	370,905	314,572	351,870	392,922
Foreign currency translation adjustment	4,707	169,772	-22,277	-25,571
Net investment hedge gains (losses)	790	-82,053	12,292	10,834
Other comprehensive income (loss), net of tax	5,497	87,719	-9,985	-14,737
Comprehensive income	376,402	402,291	341,885	378,185

Basic earnings per share (in dollars per share)	3.1	2.61	2.87	3.15
Basic weighted-average number of shares outstanding (in shares)	119,600,000	120,632,000	122,697,000	124,721,000
Diluted earnings per share (in dollars per share)	3.1	2.6	2.87	3.15
Diluted weighted-average number of shares outstanding (in shares)	119,680,000	120,843,000	122,803,000	124,857,000