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

Issuer:     lululemon athletica inc. (LULU)
CIK:        0001397187
Form:       8-K
Filed at:   2026-09-03T20:07:59+00:00
Accession:  0001397187-26-000126
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lululemon Q2 revenue down 4% to $2.4B, comps -9%; cuts FY26 outlook
-------------------------------------------------------------------

- Q2 revenue $2.4B, down 4% YoY (5% constant dollar); comparable sales down 9% (10% constant dollar).
- Diluted EPS $2.92 vs $3.10; includes $0.86/share from $134.5M IEEPA tariff refunds plus $4.1M interest.
- Americas revenue -8%, comps -12%; International revenue +4% (2% cc), comps -3% (6% cc).
- FY26 guidance cut: revenue $10.35-10.50B (-5% to -7%); EPS $9.48-9.73; Q3 revenue -10% to -11%.
- Heidi O'Neill to join as CEO next week; Meghan Frank and André Maestrini serving as interim co-CEOs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1397187/000139718726000126/0001397187-26-000126-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1397187/000139718726000126/lulu-20260903.htm
  HTML page:      https://secwatch.observer/filing/0001397187-26-000126

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