secwatch.observer — SEC 8-K summary
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Issuer:     lululemon athletica inc. (LULU)
CIK:        0001397187
Form:       8-K
Filed at:   2025-09-04T23:59:59+00:00
Accession:  0001397187-25-000038
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lululemon Q2 revenue misses guidance, U.S. comps -4%; cuts FY2025 outlook on tariffs
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- Q2 revenue $2.5B (+7% YoY), diluted EPS $3.10; revenue below guidance, EPS above expectations.
- Americas comparable sales -4% (-3% constant dollar); international comps +15%; CEO cites U.S. product execution issues.
- Gross margin -110 bps to 58.5%, operating margin -210 bps to 20.7%; inventories +21% to $1.7B.
- FY2025 revenue guidance cut to $10.85B-$11.00B (growth 2-4%); EPS guidance $12.77-$12.97; includes ~$240M tariff hit.
- Repurchased 1.1M shares for $278.5M in Q2; 784 stores, net +14.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397187/000139718725000038/0001397187-25-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397187/000139718725000038/lulu-20250904.htm
  HTML page:      https://secwatch.observer/filing/0001397187-25-000038

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