secwatch.observer — SEC 8-K summary
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Issuer:     lululemon athletica inc. (LULU)
CIK:        0001397187
Form:       8-K
Filed at:   2024-08-29T23:59:59+00:00
Accession:  0001397187-24-000033
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lululemon Q2 revenue up 7% to $2.4B, EPS $3.15; comps +2%, Americas comps -3%
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- Net revenue $2.4B (+7% YoY); diluted EPS $3.15 vs $2.68 last year.
- Comparable sales +2% (constant dollar +3%); Americas comps -3%, International +19%.
- Gross margin +80 bps to 59.6%; operating margin +110 bps to 22.8%.
- Q3 guidance: revenue $2.34B-$2.365B, EPS $2.68-$2.73; FY24: rev $10.375B-$10.475B, EPS $13.95-$14.15.
- Repurchased 1.9M shares for $583.7M; inventories down 14% YoY to $1.4B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397187/000139718724000033/0001397187-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397187/000139718724000033/lulu-20240829.htm
  HTML page:      https://secwatch.observer/filing/0001397187-24-000033

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