Canada’s Lululemon Athletica’s revenue jumps 19% in FY23

Lululemon Athletica reported a 19 per cent revenue increase in FY23, hitting $9.6 billion, driven by a 54 per cent rise in international sales.
Gross margin rose to 58.3 per cent, with diluted EPS doubling to $12.20.
In Q4 FY23, the company saw net revenue increase by 16 per cent to $3.2 billion, and operating income surged 191 per cent to $913.9 million.

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