---
schema_version: "secwatch.filing_event.v1"
accession: "0001397187-25-000054"
form_type: "8-K"
ticker: "LULU"
cik: "0001397187"
company_name: "lululemon athletica inc."
filed_at: "2025-12-11T23:59:59+00:00"
generated_at: "2026-05-16T13:29:11.900561+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# lululemon CEO Calvin McDonald to step down; Q3 EPS $2.59, revenue $2.6B

## Summary
- CEO Calvin McDonald to step down Jan 31, 2026; Marti Morfitt named executive chair, Meghan Frank and André Maestrini interim co-CEOs.
- Q3 net revenue $2.6B (+7% YoY); diluted EPS $2.59 vs $2.87; Americas revenue -2%, international +33%.
- Comparable sales +1% overall; Americas -5%, international +18%.
- FY2025 guidance: revenue $10.96B-$11.05B, EPS $12.92-$13.02; Q4 revenue $3.5B-$3.585B, EPS $4.66-$4.76.
- Board authorized $1B increase to stock buyback; $1.6B remaining authorization as of Dec 11, 2025.

## SEC filing metadata
- accession: 0001397187-25-000054
- form_type: 8-K
- ticker: LULU
- cik: 0001397187
- company_name: lululemon athletica inc.
- filed_at: 2025-12-11T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397187/000139718725000054/0001397187-25-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397187/000139718725000054/lulu-20251203.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001397187-25-000054
- JSON: https://secwatch.observer/filing/0001397187-25-000054.json
- Plain text: https://secwatch.observer/filing/0001397187-25-000054.txt

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