Exhibit 12.1

lululemon athletica inc.
Computation of Earnings to Fixed Charges

	Three Months		Year Ended		Year Ended		Year Ended		Year Ended		Year Ended
	Ended		January 31,		February 1,		February 3,		January 31,		January 31,
	May 2, 2010		2010		2009		2008		2007		31, 2006
Earnings:
Income before provision for income taxes	$	32,635,357	$	86,710,069	$	57,385,578	$	52,580,325	$	16,728,052	$	3,726,708
Add back: Interest expense		1,853		156,641		44,697		160,400		46,560		54,371
Add back: Interest factor of operating leases(1)		2,816,859		9,869,024		7,732,592		3,498,456		2,714,998		1,011,804
Pre-tax income plus fixed charges	$	35,454,069	$	96,735,734	$	65,162,867	$	56,239,181	$	19,489,610	$	4,792,883
Fixed Charges:
Interest expense	$	1,853	$	156,641	$	44,697	$	160,400	$	46,560	$	54,371
Interest factor of operating leases(1)		2,816,859		9,869,024		7,732,592		3,498,456		2,714,998		1,011,804
Total fixed charges	$	2,818,712	$	10,025,665	$	7,777,289	$	3,658,856	$	2,761,558	$	1,066,175
Ratio of earnings to fixed charges		12.6		9.6		8.4		15.4		7.1		4.5

(1) One third of minimum rental expense is deemed to be representative of interest.