v3.23.3
Segmented Information
 9 Months Ended
Oct. 29, 2023
Segment Reporting [Abstract]  
Segmented Information Segmented Information
The Company's segments are based on the financial information it uses in managing its business and comprise two reportable segments: (i) company-operated stores and (ii) direct to consumer. The remainder of its operations, which includes outlets, sales to wholesale accounts, license and supply arrangements, recommerce, temporary locations, and lululemon Studio, are included within Other.
Third QuarterFirst Three Quarters
2023202220232022
(In thousands)
Net revenue:
Company-operated stores$1,073,973 $903,060 $3,128,999 $2,537,741 
Direct to consumer908,127 767,351 2,636,742 2,264,029 
Other222,118 186,478 648,434 536,910 
$2,204,218 $1,856,889 $6,414,175 $5,338,680 
Segmented income from operations:
Company-operated stores$310,510 $242,733 $910,021 $660,246 
Direct to consumer384,393 321,742 1,137,716 933,272 
Other53,527 24,911 146,293 74,064 
748,430 589,386 2,194,030 1,667,582 
General corporate expense310,852 234,770 872,024 657,201 
lululemon Studio obsolescence provision23,709 — 23,709 — 
Impairment of assets and restructuring costs74,501 — 74,501 — 
Amortization of intangible assets1,253 2,189 5,010 6,579 
Gain on disposal of assets— — — (10,180)
Income from operations338,115 352,427 1,218,786 1,013,982 
Other income (expense), net9,842 331 25,229 454 
Income before income tax expense$347,957 $352,758 $1,244,015 $1,014,436 
Capital expenditures:
Company-operated stores$73,329 $96,509 $168,511 $182,360 
Direct to consumer29,295 29,933 83,674 72,024 
Corporate and other60,276 49,165 193,168 177,293 
$162,900 $175,607 $445,353 $431,677 
Depreciation and amortization:
Company-operated stores$39,283 $33,482 $113,983 $96,807 
Direct to consumer17,001 9,805 42,562 27,281 
Corporate and other41,685 35,901 119,549 87,541 
$97,969 $79,188 $276,094 $211,629 
Net Revenue by Geography and Category
In addition to the disaggregation of net revenue by reportable segment in Note 11. Segmented Information, the following table disaggregates the Company's net revenue by geographic area.
Third QuarterFirst Three Quarters
2023202220232022
(In thousands)
United States$1,423,574 $1,268,512 $4,162,891 $3,645,202 
Canada308,824 271,823 857,018 785,389 
People's Republic of China266,891 174,152 794,076 485,599 
Rest of world204,929 142,402 600,190 422,490 
$2,204,218 $1,856,889 $6,414,175 $5,338,680 
The following table disaggregates the Company's net revenue by category. Other categories is primarily composed of accessories, lululemon Studio, and footwear.
Third QuarterFirst Three Quarters
2023202220232022
(In thousands)
Women's product$1,433,927 $1,204,835 $4,139,082 $3,484,395 
Men's product504,828 440,564 1,473,716 1,276,872 
Other categories265,463 211,490 801,377 577,413 
$2,204,218 $1,856,889 $6,414,175 $5,338,680