lululemon-revenue-per-square-foot

Lululemon Sales Per Square Foot

Business / By / March 29, 2023
  • In 2019, sales per square foot were $1,657
  • 2020 data unavailable due to the impact of COVID-19 on sales figures and store operations
  • Sales per square foot dropped to $1,443 in 2021, representing a decrease compared to 2019
  • Recovery in 2022, with sales per square foot increasing to $1,580, but still slightly lower than the 2019 level

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lululemon Revenue

lululemon-revenue
Consistent revenue growth for Lululemon over the 6-year period (2018-2023) Increased from 2.65 billion in 2018 to 3.29 billion in 2019, representing a growth rate of approximately 24.1%. Continued growth from 2019 to 2020, with an increase of 0.69 billion and a growth rate of around 21%. Moderate increase in revenue between 2020 and 2021, with a 0.42 billion increase and a growth rate of nearly 10.6%. Significant growth from 2021 to 2022, with an increase of 1.85 billion and a growth rate of around 42%. Strong growth from 2022 to 2023, with an increase of 1.86 billion and a growth rate of approximately 29.8%

lululemon Profits

lululemon-profits
Fluctuating net income for Lululemon over the 6-year period (2018-2023) Significant increase from 258.66 million in 2018 to 483.8 million in 2019, representing a growth rate of approximately 87% Continued growth from 2019 to 2020, with an increase of 161.79 million and a growth rate of around 33.4% Slight decrease in net income between 2020 and 2021, with a drop of 56.68 million and a decline rate of nearly 8.8% Substantial increase from 2021 to 2022, with an increase of 386.41 million and a growth rate of around 65.6% Decrease in net income from 2022 to 2023, with a drop of 120.52 million and a decline rate of about 12.4%

lululemon Stores

lululemon-stores
Distribution of stores across various countries in 2023: United States: 350 stores, largest market People’s Republic of China: 117 stores, second-largest market Canada: 69 stores Australia: 32 stores United Kingdom: 20 stores South Korea: 16 stores Germany: 10 stores New Zealand and Singapore: 8 stores each Japan: 7 stores France and Ireland: 4 stores each Spain: 3 stores Malaysia and Sweden: 2 stores each Netherlands, Norway, and Switzerland: 1 store each

lululemon Employees

lululemon-employees
Steady growth in employee count from 2019 to 2022 Increase from 19,000 employees in 2019 to 25,000 employees in 2020, representing a growth rate of approximately 31.6% Continued growth from 2020 to 2021, with an increase of 4,000 employees and a growth rate of around 16% Further growth from 2021 to 2022, with an increase of 5,000 employees and a growth rate of approximately 17.2%

lululemon Sales per Square Foot

lululemon-revenue-per-square-foot
In 2019, sales per square foot were $1,657 2020 data unavailable due to the impact of COVID-19 on sales figures and store operations Sales per square foot dropped to $1,443 in 2021, representing a decrease compared to 2019 Recovery in 2022, with sales per square foot increasing to $1,580, but still slightly lower than the 2019 level

lululemon Revenue By Geography

lululemon-revenue-by-geography
US: $5.65 billion, largest market Canada: $1.16 billion China: $0.681 billion Rest of the World: $0.611 billion

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About The Author

Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy.
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