secwatch.observer — SEC 8-K summary
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Issuer:     lululemon athletica inc. (LULU)
CIK:        0001397187
Form:       8-K
Filed at:   2026-06-04T20:09:31+00:00
Accession:  0001397187-26-000077
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lululemon Q1 EPS $1.69 vs $2.60 YoY; guides FY revenue down 0-1%
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- Revenue $2.5B (+4% YoY); diluted EPS $1.69 vs $2.60; gross margin fell 410 bps to 54.2%.
- Americas revenue -3%; international +22% (constant dollar). Comparable sales +1% overall.
- Q2 FY2026 revenue guided $2.45-2.475B (decline 3-2%); EPS $1.76-1.81.
- Full-year FY2026 revenue guided $11.0-11.15B (decline 1-0%); EPS $10.95-11.15.
- Repurchased 2.2M shares for $358.3M in Q1; inventories up 2% to $1.7B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397187/000139718726000077/0001397187-26-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397187/000139718726000077/lulu-20260604.htm
  HTML page:      https://secwatch.observer/filing/0001397187-26-000077

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