---
schema_version: "secwatch.filing_event.v1"
accession: "0001397187-24-000023"
form_type: "8-K"
ticker: "LULU"
cik: "0001397187"
company_name: "lululemon athletica inc."
filed_at: "2024-06-05T23:59:59+00:00"
generated_at: "2026-06-01T06:13:13.465799+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lululemon Q1 revenue up 10% to $2.2B, EPS $2.54; board adds $1B to buyback

## Summary
- Revenue $2.2B (+10% YoY), diluted EPS $2.54 vs $2.28; international revenue up 35%.
- Comparable sales +6% (+7% constant dollar), Americas flat, international +25%.
- Board authorized $1.0B increase in stock repurchase program; $1.7B remaining.
- Q2 guidance: revenue $2.400-2.420B, EPS $2.92-2.97; FY2024 EPS now $14.27-14.47.
- Inventories decreased 15% to $1.3B; repurchased $296.9M shares in Q1.

## SEC filing metadata
- accession: 0001397187-24-000023
- form_type: 8-K
- ticker: LULU
- cik: 0001397187
- company_name: lululemon athletica inc.
- filed_at: 2024-06-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397187/000139718724000023/0001397187-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397187/000139718724000023/lulu-20240529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001397187-24-000023
- JSON: https://secwatch.observer/filing/0001397187-24-000023.json
- Plain text: https://secwatch.observer/filing/0001397187-24-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.