Lululemon Athletica Stock Ownership - Who Owns Lululemon Athletica in 2024? (2024)

FAQs

Who owns Lululemon stock? ›

The ownership structure of Lululemon Athletica (LULU) stock is a mix of institutional, retail and individual investors. Approximately 73.86% of the company's stock is owned by Institutional Investors, 15.01% is owned by Insiders and 11.13% is owned by Public Companies and Individual Investors.

Wilson is still Lululemon's largest individual shareholder, meaning he's benefited more than anyone from its recent success. The retailer has nearly doubled revenues to more than $8 billion in the past two financial years, and lifted its annual operating profits by 60% to $1.3 billion, its latest annual report shows.

These stakeholders include Lululemon's executives and employees, shareholders and investors, and customers and consumers.

Wilson acquired Amer Sports in 2019 in a take-private deal led by China's Anta Sports and with the participation of FountainVest and Tencent, two other Chinese companies. While Wilson continues to continues to own 10.7 million shares of Lululemon worth almost $5 billion, his bet on Amer is a sizable one nonetheless.

Lululemon was founded in 1998 by Chip Wilson in Vancouver, with its first standalone store opening in November 2000. In 1997, Wilson had been doing yoga and had an idea to make yoga apparel for women using a proprietary skintight fabric he developed that would make their butts look good.

Forbes pegs Wilson's fortune at about $7 billion today, and estimates his net worth at over $20 billion if he'd retained all of his Lululemon shares.

Lululemon's leggings operate in the technical athletic wear market made up of women ages 20-40 across the world. Currently, 70% of Lululemon's sales revenue comes from the USA, 15% comes from Canada and Australia, and the rest are dispersed between European and Asia-Pacific countries(Dun & Bradstreet, 2019).

Wilson founded Lululemon in 1998 and stepped down as CEO in 2013, but still owns the majority of the company's shares, which are valued at $4 billion, according to Forbes. During an interview with Forbes published Jan.

Chip Wilson

Lululemon Athletica / Owner

Who is the leader of lululemon? ›

Calvin McDonald is Chief Executive Officer of lululemon athletica inc., an athletic apparel company with more than 500 company-operated stores in 17 countries.

lululemon and Peloton Announce Five-Year Strategic Global Partnership.

Largest shareholders include Fmr Llc, Vanguard Group Inc, BlackRock Inc., State Street Corp, FDGRX - Fidelity Growth Company Fund, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Alliancebernstein L.p., Jennison Associates Llc, Edgewood Management Llc, and VFINX - Vanguard 500 Index Fund Investor Shares ...

The magazine touted its article with the headline "Lululemon's Founder Made a Fortune but Lost Out on Billions. Inside His Struggle to Move On." Yet Wilson eventually circled back to complain about companies like the one he built purportedly wasting time on clients who don't match his ideal customer profile.

In an interview in 2004, he actually said as much, saying, it's a tough pronunciation for them, so I thought, next time I have a company, I'll make a name with three L's, see if I can get three times the money. He went on to say, quote, is kind of exotic for them. I was playing with elves and came up with Lululemon.

Our stock is traded on the NASDAQ under the symbol LULU. How can I buy stock in lululemon? You can buy stock through a licensed stockbroker or by using an online trading account.

A final step in the process of going public was officially making lululemon an American company. We registered our business in Delaware. It took me years to understand why this was important. The value of lululemon would be dictated by the demand for its shares.

The earnings report was strong. Our view that Lululemon's stock is overvalued is based on its current valuation (a price/earnings ratio of about 30) and concerns about the competitiveness of the industry. Lululemon's success has attracted many competitors, many of which are selling similar products.

Because stock compensation is generally tied to the success of Lululemon athletica, employers tend to prefer giving more stock over more cash. Lululemon athletica companies typically issue a grant of options or RSUs with your first job offer, followed by refreshers either annually or as a bonus.