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lululemon athletica (LULU) gross margin by quarter

lululemon athletica's gross margin was 60.5% in Q2 FY27 (second quarter fiscal 2027), +6.3 pts from Q1 FY27. Over the last 7 quarters it ranged from 54.2% (Q1 FY27) to 60.5% (Q2 FY27).

lululemon athletica gross margin by quarterlululemon athletica gross margin by quarter60.4%Q4 FY2558.3%Q1 FY2658.5%Q2 FY2655.6%Q3 FY2654.9%Q4 FY2654.2%Q1 FY2760.5%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY2760.5%+6.3 pts+2.0 pts
Q1 FY2754.2%-0.7 pts-4.2 pts
Q4 FY2654.9%-0.7 pts-5.5 pts
Q3 FY2655.6%-2.9 pts—
Q2 FY2658.5%+0.2 pts—
Q1 FY2658.3%-2.1 pts—
Q4 FY2560.4%——

Q2 FY27 at a glance

lululemon athletica, Q2 FY27: revenue $2.4B (-4% year over year), operating margin 18.8%, net earnings $329M, operating cash flow $375M. The chart follows the revenue to costs, profit and cash.

Questions

What is lululemon athletica's gross margin?

lululemon athletica's gross margin was 60.5% in Q2 FY27 (second quarter fiscal 2027), +6.3 pts from Q1 FY27.

How has lululemon athletica's gross margin changed?

Over the last 7 quarters it ranged from 54.2% (Q1 FY27) to 60.5% (Q2 FY27).

Q2 FY27 results → · How lululemon athletica makes money →