Lululemon: Canada's Lululemon exceeds $10 bn revenue in FY24, eyes further growth

Lululemon Athletica has reported a 10 per cent YoY revenue rise in FY24 to $10.6 billion, with strong international growth and improved margins. Revenue in Q4 FY24 rose 13 per cent to $3.6 billion. For FY25, revenue is projected between $11.15-$11.30 billion. Backed by its 'Power of Three ×2' strategy, the brand targets $12.5 billion revenue by 2026, focusing on innovation and market expansion.