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)
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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 November 24, 2024, 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 November 24, 2024. 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: November 24, 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, 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 November 24, 2024)
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/