lululemon Reports Net Income of $290.4 Million for the Quarter Ended April 30, 2023

lululemon athletica inc.(LULU), a leading athletic apparel ret ailer, has announced its financial results for the quarter ended April 30, 2023. The company reported a net income of $290.4 million for the quarter, reflecting its strong performance in the market. Additionally, lululemon achieved impressive revenue of $2 billion during the same period. These financial figures highlight the company's continued growth and success in the athletic apparel industry.

Financial Statements

Consolidated Balance Sheets

The unaudited consolidated balance sheets of lululemon athletica inc. reveal the company's financial position as of April 30, 2023, compared to January 29, 2023. The company's current assets amounted to $3.05 billion, including $950.6 million in cash and cash equivalents, $107.5 million in accounts receivable, and $1.58 billion in inventories. The company's total assets were recorded at $5.57 billion.