lululemon athletica inc. (LULU)
Lululemon designs and sells premium athletic apparel and accessories for yoga, running, and training.
LULU vs NCLH: how the two businesses compare
lululemon athletica (LULU) and Norwegian Cruise Line (NCLH) do not both have comparable annual revenue in the SEC XBRL snapshot, so this comparison rests on business descriptions, classifications, and filings. The SEC classifies them differently (Apparel & Other Finishd Prods of Fabrics & Similar Matl; Water Transportation); what connects them is shared exposure to the International markets research theme, not a common industry.
Figures come from each company's own SEC filings. This page compares the businesses; it is not a price target or a verdict.
- Consumer Discretionary
- Different
- Separate classifications
- Different
- LULU January 31 · NCLH December 31
- Mar 17, 2026
LULU vs NCLH: quick comparison
| Company fact | LULU | NCLH |
|---|---|---|
| Company | lululemon athletica inc. | Norwegian Cruise Line Holdings Ltd. |
| Exchange | NASDAQ | NYSE |
| SEC industry | Apparel & Other Finishd Prods of Fabrics & Similar Matl | Water Transportation |
| Fiscal year-end | January 31 | December 31 |
| Latest annual filing | 10-K · 2026-03-17 | 10-K · 2026-03-02 |
Where LULU and NCLH overlap, and where they don't
Overlap
- Shared research theme: International markets.
Differences
- Different SEC industries: LULU files as Apparel & Other Finishd Prods of Fabrics & Similar Matl; NCLH as Water Transportation.
- Offset fiscal calendars: LULU's year ends January 31 and NCLH's December 31, about 1 month apart.
Overlap is drawn from SEC classifications and Yield Theory research themes. It is not evidence that the companies sell to the same customers or compete product for product.
Norwegian Cruise Line Holdings Ltd. (NCLH)
Norwegian Cruise Line Holdings operates cruise brands offering leisure voyages across global destinations.
What moves each company
Company-specific drivers maintained by Yield Theory. Use them to decide which filing deserves deeper work; they are not predictions.
What moves LULU
We have not yet published a company-specific driver list for LULU. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-03-17.
What moves NCLH
We have not yet published a company-specific driver list for NCLH. The primary source is Item 1 (Business) and Item 1A (Risk Factors) of its 10-K filed 2026-03-02.
The investment question
You now know how LULU and NCLH are classified, when their fiscal years end, and where their exposures overlap. Those are the facts. The investment question is what each share price already assumes about their exposure to international markets, and which evidence in the next filings would prove that assumption wrong.
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Read the full researchSEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable. LULU's fiscal year ends January 31, while NCLH's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 16 matched transaction rows for LULU and 4 matched transaction rows for NCLH. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
LULU primary filings
NCLH primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
LULU vs NCLH FAQs
Are LULU and NCLH direct competitors?
Not necessarily. lululemon athletica files as Apparel & Other Finishd Prods of Fabrics & Similar Matl and Norwegian Cruise Line as Water Transportation. The pair is compared because both map to the International markets research theme, not because the filings show head-to-head competition.
Which is better, LULU or NCLH?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this LULU vs NCLH comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers lululemon athletica inc. and Norwegian Cruise Line Holdings Ltd. tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-11-09. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-11-09. Independent educational research; not investment advice.
Which business differences matter to the investment thesis?
LULU vs NCLH compares reported results. The reports below show how we connect operating evidence to an investment thesis, its assumptions, catalysts, and risks. $39/month or $249/year.
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