Discontinued — last reported Q3 '20
Products & Services · Lease concessions recognized
Concessions — Lease concessions recognized
Analysis
StatementSegment
CategoryEfficiency
SignalHigher is better
VolatilityVolatile
First reportedQ3 2020
Last reportedQ3 2020Dec 10, 2020
Rolls up toVariable lease payments
How to read this metric
An increase suggests successful cost-containment negotiations or landlord support, while a decrease may indicate normalized lease environments or reduced bargaining power.
Detailed definition
This metric represents the total value of rent abatements, deferrals, or other lease-related financial concessions grant...
Peer comparison
Peers in the retail sector report similar figures under lease accounting standards, often categorized as lease modifications or variable lease payments.
Metric ID:
lulu_segment_concessions_lease_concessions_recognizedSimilar Metrics at Other Companies
Frequently Asked Questions
- What does concessions — lease concessions recognized mean?
- The total financial benefit received from landlords through rent reductions or lease adjustments.