lululemon athletica (LULU) Revenue — Quarter Ended Jul 30, 2023
lululemon athletica reported revenue growth for the quarter. Revenue increased both sequentially and compared with the same period a year ago.
Key takeaway
Quarter ended Jul 30, 2023 · FY2023 Q2
lululemon athletica reported revenue growth for the quarter. Revenue increased both sequentially and compared with the same period a year ago.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
+10.4%
Change from the immediately preceding quarter.
Year-over-year
+18.2%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.8B
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 |
|---|---|---|
| Oct 30, 2022 | $1.9B | +28.0% |
| Jan 29, 2023 | $2.8B | +30.2% |
| Apr 30, 2023 | $2B | +24.0% |
| Jul 30, 2023 | $2.2B | +18.2% |
Revenue performance
Revenue for the quarter was higher than the previous quarter, continuing an upward trajectory.
Quarterly comparison
Compared with the immediately preceding quarter, revenue rose. Compared with the same quarter one year earlier, revenue also increased.
What to watch
The year-over-year revenue growth rate has decelerated over the past few quarters, which may warrant attention.