secwatch.observer — SEC 8-K summary
======================================

Issuer:     lululemon athletica inc. (LULU)
CIK:        0001397187
Form:       8-K
Filed at:   2024-06-05T23:59:59+00:00
Accession:  0001397187-24-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397187/000139718724000023/0001397187-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397187/000139718724000023/lulu-20240529.htm
  HTML page:      https://secwatch.observer/filing/0001397187-24-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer