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
DateValue
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