| Stage | LULU | % of rev | NCI | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $2.4B | 100.00% | $223M | 100.00% | LULU ×10.83 |
| Gross profit | $1.5B | 60.52% | $56M | 25.18% | LULU +35.3pp |
| Operating income | $454M | 18.78% | $15M | 6.52% | LULU +12.3pp |
| Pre-tax income | $467M | 19.35% | $15M | 6.55% | LULU +12.8pp |
| Net income | $329M | 13.63% | $11M | 5.13% | LULU +8.5pp |
| Stage | LULU | NCI | Gap · A − B |
|---|---|---|---|
| Revenue | $2.4B100.00% | $223M100.00% | LULU ×10.83 |
| Gross profit | 60.52%$1.5B | 25.18%$56M | LULU +35.3pp |
| Operating income | 18.78%$454M | 6.52%$15M | LULU +12.3pp |
| Pre-tax income | 19.35%$467M | 6.55%$15M | LULU +12.8pp |
| Net income |
| 13.63%$329M |
| 5.13%$11M |
| LULU +8.5pp |
No disclosed counterparties: NCI.
None