← Backlululemon athletica inc. · Apparel & Other Finishd Prods of Fabrics & Similar MatlLULU
Low riskNext report: Around Dec 10 (est.)
The short versionA high-quality, profitable business with steady sales.
Going well
- Profitable every year for 10 years
- Brings in more cash than it spends
- Buying back shares: share count down 7.0% in 3 years
Money moves
- No insider buying or selling in the last 30 days
- Institutions cut 1.7% from their holdings in the quarter ending June 2026 (388 bought, 547 sold)
- Held by Ray Dalio (Bridgewater)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$102.93+4.0% that day
- Company value
- $10.9B
- Share price times all shares
- Price vs profit (P/E)
- 8.5x
- You pay about $8 for each $1 of yearly profit
- Price vs sales
- 0.98x
- Company value is 0.98 times a year of sales
- Cash vs value
- 13%
- Cash as a share of company value
From LULU's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Aug '26$2.4B-4.3% vs a year earlier
Oct '23Tap a barAug '26
Last 12 months: $11.1B, up 1.7% from the 12 months before. Over 5 years, sales grew about 20% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- PassReturn on equity 15%+Earns a lot on the money owners have in the business.34.0%
- PassDebt under half of equityNot relying on borrowed money.No debt reported
- PassNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.14.2%
- PassProfitable every yearSteady profits, not one good year.10 of 10 years
- PassFree cash flow positiveBrings in more cash than it spends to run and grow.$921.7M
- PassShare count not growingNot diluting owners. Falling means buybacks.-7.0% in 3 years
- PassGross margin 40%+Pricing power: sells for well above what it costs to make.56.6%
- Revenue
- $11.1B
- +4.9% vs prior year
- 5-year growth
- +20.3%/yr
- revenue, per year
- Total debt
- None
- 0.00x equity
- Current ratio
- 2.26x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Aug 2, 2026- Revenue
- $2.4B
- -4.3% YoY
- EPS
- $2.92
- vs $3.10
- Op. margin
- 18.8%
- -1.9 pts
- Gross margin
- 60.5%
- +2.0 pts
- Free cash flow
- $225.2M
- Share count
- -5.6%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
56/ 100
- This week
- 1
- Normal week
- 0.8
- vs normal
- 1.3x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
■Steady-1.7%Institutions cut 1.7% from their holdings. 388 bought, 547 sold. 2 quarters of net selling in a row.
Shares held by institutions83.0M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
-4.5%Cash runwayAt last year's cash burn
Cash flow positiveDebt to equityLatest balance sheet: debt compared with what owners have
No debt reportedShares outstandingLatest reported
106MNext reportAround Dec 10 (est.)Estimated from the same quarter last year
- Results filedSep 3
- Results filedJun 4
- Results filedMar 17
- Results filedDec 11, 2025
- Results filedSep 4, 2025
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.