Lululemon Historical Income Statement
| LULU Stock | USD 317.86 5.17 1.60% |
Historical analysis of Lululemon Athletica income statement accounts such as Other Operating Expenses of 7.8 B can show how well Lululemon Athletica performed in making a profits. Evaluating Lululemon Athletica income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lululemon Athletica's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Lululemon Athletica latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lululemon Athletica is a good buy for the upcoming year.
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About Lululemon Income Statement Analysis
Lululemon Athletica Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lululemon Athletica shareholders. The income statement also shows Lululemon investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Lululemon Athletica Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Lululemon Athletica generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lululemon Athletica minus its cost of goods sold. It is profit before Lululemon Athletica operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lululemon Athletica. It is also known as Lululemon Athletica overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Lululemon Athletica operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Lululemon Athletica is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Lululemon Athletica's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lululemon Athletica current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lululemon Athletica. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices. For more information on how to buy Lululemon Stock please use our How to Invest in Lululemon Athletica guide.At this time, Lululemon Athletica's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 1.6 B in 2024, whereas Minority Interest is likely to drop slightly above 688 K in 2024.
| 2021 | 2023 | 2024 (projected) | Total Revenue | 6.3B | 9.6B | 10.1B | Interest Expense | 82.3M | 94.6M | 99.3M |
Lululemon Athletica income statement Correlations
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Lululemon Athletica Account Relationship Matchups
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Lululemon Athletica income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 9.4M | 170.2M | 60.3M | 82.3M | 94.6M | 99.3M | |
| Selling General Administrative | 1.3B | 1.4B | 1.9B | 2.8B | 3.0B | 3.1B | |
| Net Income From Continuing Ops | 645.6M | 588.9M | 975.3M | 854.8M | 1.6B | 1.6B | |
| Non Operating Income Net Other | 8.3M | (636K) | 514K | 4.2M | 3.7M | 3.0M | |
| Net Income Applicable To Common Shares | 645.6M | 588.9M | 975.3M | 854.8M | 983.0M | 1.0B | |
| Tax Provision | 251.8M | 230.4M | 358.5M | 477.8M | 625.5M | 373.5M | |
| Reconciled Depreciation | 161.9M | 185.5M | 224.2M | 291.8M | 379.4M | 231.6M |
Pair Trading with Lululemon Athletica
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lululemon Athletica position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lululemon Athletica will appreciate offsetting losses from the drop in the long position's value.Moving together with Lululemon Stock
Moving against Lululemon Stock
| 0.82 | LEVI | Levi Strauss Financial Report 4th of July 2024 | PairCorr |
| 0.53 | KTB | Kontoor Brands | PairCorr |
| 0.53 | JD | JD Inc Adr | PairCorr |
| 0.51 | FEDU | Four Seasons Education | PairCorr |
| 0.47 | AAN | Aarons Downward Rally | PairCorr |
The ability to find closely correlated positions to Lululemon Athletica could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lululemon Athletica when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lululemon Athletica - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lululemon Athletica to buy it.
The correlation of Lululemon Athletica is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lululemon Athletica moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lululemon Athletica moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lululemon Athletica can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Lululemon Stock Analysis
When running Lululemon Athletica's price analysis, check to measure Lululemon Athletica's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lululemon Athletica is operating at the current time. Most of Lululemon Athletica's value examination focuses on studying past and present price action to predict the probability of Lululemon Athletica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lululemon Athletica's price. Additionally, you may evaluate how the addition of Lululemon Athletica to your portfolios can decrease your overall portfolio volatility.