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Our 2024 Annual Report shares our full year results and progress against our Power of Three ×2 growth plan, which calls for a doubling of our business from 2021 net revenue of $6.25 billion to $12.5 billion in FY2026.
Total revenue
Revenue growth
Net new company-operated stores
Employees
Key accomplishments and momentum in our business.
As the official outfitter of Team Canada, lululemon supported Canadian Olympic and Paralympic athletes at the Paris games with product innovations designed to meet their unique needs and help them feel their best.
To showcase how far women can go with support and access to resources and product innovations typically reserved for men, lululemon unveiled new products developed with and for the female athletes competing in the brand’s first-ever women’s ultramarathon.
Through extensive research, wear-testing and ambassador feedback, lululemon introduced new casual and performance footwear innovations, including its first men’s collection.
"Our fourth quarter results exceeded our expectations as we continued to introduce more newness and innovation into our product assortment. Our performance demonstrates the ongoing strength and resilience of lululemon and is a testament to the passion and dedication of our teams around the world. As we begin 2025, we remain focused on executing on our Power of Three x2 growth plan and delivering an exciting pipeline of innovation and brand activations for our guests and communities."
Calvin McDonald
CEO
Our annual Impact Report serves as a platform for tracking and disclosing our performance across the three pillars of our Impact Agenda.
Our annual study benchmarks the state of wellbeing and explores the drivers and barriers to being well.
How we are managing environmental impacts along our value chain.