In the fiscal year of 2023, ending January 2024, the Canadian athletic apparel company known as lululemon athletica generated net revenue of over 1.3 billion U.S. dollars in Canada, which is a significant increase compared to previous years. The company’s native net sales have grown positively with each consecutive year since 2015.
lululemon's sales numbers
Even though lululemon began its journey in Canada, most of the net sales generated by the activewear enterprise are specifically made in the United States today. In the financial year of 2023, the company’s U.S. net sales amounted to more than 6.3 billion U.S. dollars. This was around 70 percent of what the company made worldwide that year.
The competition
Globally, lululemon athletica is one of the largest sportswear brands, competing with the likes of Puma, New Balance, Under Armour, as well as other household names. The world’s biggest activewear brand in terms of sales, however, is Nike. In 2023, Nike’s revenue in North America alone, amounted to over 21 billion U.S. dollars.
Revenue of lululemon athletica in Canada from the fiscal year of 2012 to 2023
(in million U.S. dollars)
Characteristic
Sales in million U.S. dollars
2023
1,285.26
2022
1,163.11
2021
954.22
2020
672.61
2019
649.11
2018
565.11
2017
491.78
2016
447.17
2015
416.52
2014
434.33
2013
454.21
2012
461.59
Created with Highcharts 7.2.2Sales in million U.S. dollars461.59461.59454.21454.21434.33434.33416.52416.52447.17447.17491.78491.78565.11565.11649.11649.11672.61672.61954.22954.221,163.111,163.111,285.261,285.26201220132014201520162017201820192020202120222023
02505007501,0001,2501,500
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lululemon athletica. (March 21, 2024). Revenue of lululemon athletica in Canada from the fiscal year of 2012 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved February 22, 2025, from https://www.statista.com/statistics/485785/revenue-of-lululemon-canada/
lululemon athletica. "Revenue of lululemon athletica in Canada from the fiscal year of 2012 to 2023 (in million U.S. dollars)." Chart. March 21, 2024. Statista. Accessed February 22, 2025. https://www.statista.com/statistics/485785/revenue-of-lululemon-canada/
lululemon athletica. (2024). Revenue of lululemon athletica in Canada from the fiscal year of 2012 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 22, 2025. https://www.statista.com/statistics/485785/revenue-of-lululemon-canada/
lululemon athletica. "Revenue of Lululemon Athletica in Canada from The Fiscal Year of 2012 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 21 Mar 2024, https://www.statista.com/statistics/485785/revenue-of-lululemon-canada/
lululemon athletica, Revenue of lululemon athletica in Canada from the fiscal year of 2012 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/485785/revenue-of-lululemon-canada/ (last visited February 22, 2025)
Revenue of lululemon athletica in Canada from the fiscal year of 2012 to 2023 (in million U.S. dollars) [Graph], lululemon athletica, March 21, 2024. [Online]. Available: https://www.statista.com/statistics/485785/revenue-of-lululemon-canada/
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