Trade Lululemon Athletica Inc. - LULU CFD

Lululemon Athletica Company profile

Lululemon Athletica Inc (LULU) is an athletic apparel company. The company and its subsidiaries design, distribute, and retails athletic apparel, accessories and footwear.

Founded in 1998, the Vancouver, Canada-based company offers an apparel line including pants, shorts, tops, and jackets for athletic activities such as yoga, running, and training as well as other sport activities. 

The company went public in July 2007 through an initial public offering (IPO). Its stock was priced at $18.00 per share at the market debut. Lululemon’s stock is trading on the NASDAQ under the ticker symbol ‘LULU.’

Lululemon sells its products through two channels: the company-operated stores and directly to consumers. For direct sales, the company serves customers through its e-commerce website: www.lululemon.com, as well as other country and region-specific websites, and mobile apps. 

At the end of 2021, Lululemon operated 574 stores in 17 countries worldwide. Guests who shop for the women apparel line represented 67% of the company’s revenue in 2021. In geographical terms, North America was Lululemon’s largest market, accounting for 85% of its 2021 revenue. It also expanded across China, the rest of Asia-Pacific and Europe.

The company does not anticipate paying any cash dividends in the foreseeable future. Any future decision to pay cash dividends will be made at the discretion of the company's board of directors and will be based on its financial position and operating results. 

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