lululemon athletica (LULU) Revenue — Quarter Ended Apr 30, 2023
lululemon athletica's revenue decreased from the prior quarter. Compared to the same period last year, however, revenue posted an increase.
Key takeaway
Quarter ended Apr 30, 2023 · FY2023 Q1
lululemon athletica's revenue decreased from the prior quarter. Compared to the same period last year, however, revenue posted an increase.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
-27.8%
Change from the immediately preceding quarter.
Year-over-year
+24.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.5B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 31, 2022 | $1.9B | +28.8% |
| Oct 30, 2022 | $1.9B | +28.0% |
| Jan 29, 2023 | $2.8B | +30.2% |
| Apr 30, 2023 | $2B | +24.0% |
Revenue performance
The company reported a sequential decline in revenue for the quarter.
Quarterly comparison
Revenue decreased from the immediately preceding quarter but increased compared to the same quarter one year earlier.
What to watch
Inventory levels rose during the quarter, a change worth monitoring in upcoming periods.