Lululemon Athletica (LULU) Change in Inventory (2009 - 2026)
Lululemon Athletica (LULU) posted Change in Inventory of $38.0 million for Q3 2026, up 260.7% on a QoQ basis from -$23.6 million in Q2 2026, and down 40.25% year-over-year from $63.6 million in Q3 2025.
Lululemon Athletica (LULU) Change in Inventory (2009 - 2026) Analysis & Trends
Lululemon Athletica has reported Change in Inventory for 18 years, with the latest figure at $38.0 million in Q3 2026.
- On a quarterly basis, Change in Inventory fell 40.25% year-over-year to $38.0 million in Q3 2026; TTM through Aug 2026 was -$34.8 million, a 113.01% decrease from a year earlier, with the FY2026 full-year figure at $188.7 million, up 20.9% from the prior year.
- Change in Inventory was $38.0 million for Q3 2026 at Lululemon Athletica, up from -$23.6 million in the prior quarter.
- The five-year high for Change in Inventory was $351.6 million in Q4 2024, with the low at -$368.4 million in Q1 2024.
- Average Change in Inventory over 5 years is $47.4 million, with a median of $67.8 million recorded in 2023.
- The sharpest annual moves came in 2023 and 2024: Change in Inventory plunged 843.32% in 2023, then surged 418.97% in 2024.
- Over 5 years, Change in Inventory stood at $321.5 million in 2022, then sank by 78.92% to $67.8 million in 2023, then soared by 418.97% to $351.6 million in 2024, then retreated by 20.48% to $279.6 million in 2025, then slumped by 86.41% to $38.0 million in 2026.
- The last three Change in Inventory figures came in at $38.0 million (Q3 2026), -$23.6 million (Q2 2026), and -$328.8 million (Q1 2026), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Lululemon Athletica | 10.45 Bn | 9.06 Bn | 1.46 Bn | 37.99 Mn |
| 2 | Levi Strauss | 7.65 Bn | 6.67 Bn | 979.10 Mn | - |
| 3 | Gildan Activewear | 7.18 Bn | 6.91 Bn | 459.76 Mn | - |
| 4 | V F | 5.02 Bn | 4.35 Bn | 917.04 Mn | 537.01 Mn |
| 5 | Kontoor Brands | 3.63 Bn | 3.57 Bn | 328.26 Mn | - |
| 6 | Pvh | 3.38 Bn | 2.42 Bn | 1.32 Bn | 244.20 Mn |
| 7 | Columbia Sportswear | 2.91 Bn | 2.29 Bn | 358.43 Mn | 253.19 Mn |
| 8 | Warby Parker | 2.78 Bn | 2.48 Bn | 136.46 Mn | -4.35 Mn |
| 9 | Figs | 2.06 Bn | 1.76 Bn | 147.86 Mn | -19.83 Mn |
| 10 | Under Armour | 2.04 Bn | 1.65 Bn | 593.83 Mn | 193.53 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 2, 2026 | 37.99 Mn |
| May 3, 2026 | -23.64 Mn |
| Feb 1, 2026 | -328.77 Mn |
| Nov 2, 2025 | 279.58 Mn |
| Aug 3, 2025 | 63.58 Mn |
| May 4, 2025 | 174.32 Mn |
| Feb 2, 2025 | -321.60 Mn |
| Oct 27, 2024 | 351.61 Mn |
| Jul 28, 2024 | 89.65 Mn |
| Apr 28, 2024 | 36.43 Mn |
| Jan 28, 2024 | -368.39 Mn |
| Oct 29, 2023 | 67.75 Mn |
| Jul 30, 2023 | 78.88 Mn |
| Apr 30, 2023 | 155.17 Mn |
| Jan 29, 2023 | -258.59 Mn |
| Oct 30, 2022 | 321.46 Mn |
| Jul 31, 2022 | 189.96 Mn |
| May 1, 2022 | 320.61 Mn |
| Jan 30, 2022 | 34.79 Mn |
| Oct 31, 2021 | 151.46 Mn |
Lululemon Athletica Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=LULU&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "LULU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=LULU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();