On August 30, Lululemon announced the results for the second quarter of the 2024 fiscal year ending July 28. During the reporting period, Lululemon achieved operating income of 2.4 billion US dollars, an increase of 7% year on year; net profit of 393 million US dollars, an increase of 15% year on year. Against the backdrop of weak consumption of international sports brands in the global market, Lululemon also experienced a slowdown in revenue growth in the second quarter of this year. Similar to other overseas sports brand “giants,” Lululemon is also continuously increasing its presence in the Chinese market. In the second quarter of 2024, Lululemon's North American business revenue increased 1% year over year, international business revenue increased 29% year over year, and China business revenue increased 34% year over year. The Chinese market remains the fastest growing regional market for Lululemon's revenue. At the end of 2016, the brand opened its first store in China. By the end of the second quarter of this year, Lululemon had opened 132 stores in China for more than seven years, accounting for about 18% of the world's 721 stores. China is the market where Lulululemon has opened the most stores in addition to the US market.

On August 30, Lululemon announced the results for the second quarter of the 2024 fiscal year ending July 28. During the reporting period, Lululemon achieved operating income of 2.4 billion US dollars, an increase of 7% year on year; net profit of 393 million US dollars, an increase of 15% year on year. Against the backdrop of weak consumption of international sports brands in the global market, Lululemon also experienced a slowdown in revenue growth in the second quarter of this year. Similar to other overseas sports brand “giants,” Lululemon is also continuously increasing its presence in the Chinese market. In the second quarter of 2024, Lululemon's North American business revenue increased 1% year over year, international business revenue increased 29% year over year, and China business revenue increased 34% year over year. The Chinese market remains the fastest growing regional market for Lululemon's revenue. At the end of 2016, the brand opened its first store in China. By the end of the second quarter of this year, Lululemon had opened 132 stores in China for more than seven years, accounting for about 18% of the world's 721 stores. China is the market where Lulululemon has opened the most stores in addition to the US market.