Lululemon Athletica (LULU) Change in Inventory (2009 - 2026)
Lululemon Athletica's (LULU) quarterly Change in Inventory came in at -$328.8 million in Q1 2026, down 2.23% year-on-year from -$336.3 million in Q1 2025, and down 217.6% quarter-over-quarter from $279.6 million in Q4 2025.
Lululemon Athletica (LULU) Change in Inventory (2009 - 2026) Analysis & Trends
Lululemon Athletica's Change in Inventory history runs 18 years deep, the most recent figure standing at -$328.8 million for Q1 2026.
- On a quarterly basis, Change in Inventory fell 2.23% year-over-year to -$328.8 million in Q1 2026; TTM through Feb 2026 was $188.7 million, a 20.9% increase from a year earlier, with the FY2026 full-year figure at $188.7 million, up 20.9% from the prior year.
- Change in Inventory declined to -$328.8 million in Q1 2026 per LULU's latest filing, from $279.6 million in the prior quarter.
- Across five years, Change in Inventory topped out at $351.6 million in Q4 2024 and bottomed at -$368.4 million in Q1 2024.
- The 5-year median for Change in Inventory is $78.9 million (2023), against an average of $52.1 million.
- Across the five-year window, Change in Inventory sank 843.32% in 2023 and soared 418.97% in 2024, its largest moves.
- Year by year, Change in Inventory stood at $321.5 million in 2022, then plunged by 78.92% to $67.8 million in 2023, then surged by 418.97% to $351.6 million in 2024, then fell by 20.48% to $279.6 million in 2025, then slumped by 217.6% to -$328.8 million in 2026.
- Per Business Quant, the three latest LULU Change in Inventory figures stand at -$328.8 million (Q1 2026), $279.6 million (Q4 2025), and $63.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Tjx Companies | 169.48 Bn | 163.90 Bn | 4.48 Bn | 382.00 Mn |
| 2 | Ross Stores | 74.91 Bn | 70.31 Bn | 1.80 Bn | -498.00 Mn |
| 3 | Burlington Stores | 21.30 Bn | 20.55 Bn | 1.26 Bn | 132.30 Mn |
| 4 | Lululemon Athletica | 12.32 Bn | 10.51 Bn | 2.00 Bn | -328.77 Mn |
| 5 | Gap | 6.81 Bn | 4.25 Bn | 1.42 Bn | -112.00 Mn |
| 6 | Victoria's Secret | 6.71 Bn | 6.55 Bn | 585.00 Mn | 26.00 Mn |
| 7 | Urban Outfitters | 5.96 Bn | 5.55 Bn | 542.57 Mn | 26.74 Mn |
| 8 | Boot Barn Holdings | 4.50 Bn | 4.30 Bn | 281.24 Mn | -49.63 Mn |
| 9 | Abercrombie & Fitch | 4.04 Bn | 3.43 Bn | 682.63 Mn | -68.30 Mn |
| 10 | American Eagle Outfitters | 2.94 Bn | 2.70 Bn | 651.06 Mn | -197.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | -328.77 Mn |
| Feb 1, 2026 | -328.77 Mn |
| Nov 2, 2025 | 279.58 Mn |
| Nov 2, 2025 | 279.58 Mn |
| Aug 3, 2025 | 63.58 Mn |
| Aug 3, 2025 | 63.58 Mn |
| May 4, 2025 | 174.32 Mn |
| May 4, 2025 | 174.32 Mn |
| Feb 2, 2025 | -321.60 Mn |
| Feb 2, 2025 | -321.60 Mn |
| Oct 27, 2024 | 351.61 Mn |
| Oct 27, 2024 | 351.61 Mn |
| Jul 28, 2024 | 89.65 Mn |
| Jul 28, 2024 | 89.65 Mn |
| Apr 28, 2024 | 36.43 Mn |
| Apr 28, 2024 | 36.43 Mn |
| Jan 28, 2024 | -368.39 Mn |
| Jan 28, 2024 | -368.39 Mn |
| Oct 29, 2023 | 67.75 Mn |
| Oct 29, 2023 | 67.75 Mn |