lululemon athletica inc. Q1 FY2024 Earnings Call

lululemon athletica inc. (LULU)

Earnings Call FY2024 Q1 Call date: 2023-08-31 Concluded

Quarter scorecard

Revenue

$2.21B

+10.4% YoY

Diluted EPS

$2.54

+11.4% YoY

Gross margin

57.7%

+0.2 pp YoY

Net income

$321.42M

+10.7% YoY

Americas Segment $1.62B

+3.5%

China Mainland Segment $303.79M

+44.6%

Other Country Segment $282.84M

+26.8%

Buybacks

$299.48M

Shares repurchased

800,000