Daiwa Securities Adjusts Price Target on lululemon athletica to $173 From $205, Maintains Neutral Rating
AI Sentiment
Neutral
5/10
as of 03-20-2026 3:40pm EST
Lululemon Athletica designs, distributes, and markets athletic apparel, footwear, and accessories for women, men, and girls. The company offers pants, shorts, tops, and jackets for both leisure and athletic activities such as yoga and running. Lululemon also sells fitness accessories, such as bags, yoga mats, and equipment. It sells its products through digital channels, a small number of wholesale partners, more than 780 company-owned stores in about two dozen countries in North America, Asia, and Western Europe, and about 40 franchised locations in the Middle East and Europe. The company was founded in 1998 and is based in Vancouver, Canada.
| Founded: | 1998 | Country: | Canada |
| Employees: | N/A | City: | VANCOUVER |
| Market Cap: | 19.9B | IPO Year: | 2007 |
| Target Price: | $191.45 | AVG Volume (30 days): | 2.4M |
| Analyst Decision: | Hold | Number of Analysts: | 26 |
| Dividend Yield: | N/A | Dividend Payout Frequency: | N/A |
| EPS: | 13.26 | EPS Growth: | -9.43 |
| 52 Week Low/High: | $156.64 - $348.50 | Next Earning Date: | 03-17-2026 |
| Revenue: | $11,102,600,000 | Revenue Growth: | 4.86% |
| Revenue Growth (this year): | 6.13% | Revenue Growth (next year): | 5.50% |
| P/E Ratio: | 12.47 | Index: | |
| Free Cash Flow: | 921.7M | FCF Growth: | -41.79% |
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Chief Financial Officer
Avg Cost/Share
$211.37
Shares
2,658
Total Value
$561,821.46
Owned After
25,626
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| FRANK MEGHAN | LULU | Chief Financial Officer | Dec 30, 2025 | Sell | $211.37 | 2,658 | $561,821.46 | 25,626 |
SEC 8-K filings with transcript text
Dec 11, 2025 · 100% conf.
1D
+4.29%
$194.97
Act: +9.24%
5D
+5.87%
$197.92
Act: +15.01%
20D
+2.56%
$191.73
lulu-202512030001397187false00013971872025-12-032025-12-03
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 December 3, 2025 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On December 11, 2025, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the third quarter ended November 2, 2025 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on December 11, 2025 to discuss its financial results.
Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 11, 2025, the board of directors of lululemon and Calvin McDonald mutually agreed that Mr. McDonald will step down from his position as Chief Executive Officer, effective January 31, 2026. To support an orderly transition of his responsibilities, Mr. McDonald will continue with lululemon in a senior advisor capacity through March 31, 2026. Mr. McDonald is also stepping down as a member of lululemon's board of directors, effective January 31, 2026. In connection with these changes, the board of directors appointed Marti Morfitt, currently serving as chair of the board of directors, to serve as executive chair, effective immediately. The board of directors also appointed Meghan Frank, lululemon's chief financial officer, and Andre Maestrini, lululemon's president and chief commercial officer, to serve as interim co-Chief Executive Officers, effective January 31, 2026, while lululemon conducts a search for a permanent CEO. The board of directors has established a CEO search committee to oversee the process of identifying a permanent CEO and the search has commenced. In connection with Mr. McDonald's departure, lululemon and Mr. McDonald have entered into a separation agreement and release under which Mr. McDonald agreed to a general release of claims in favor of lululemon. In exchange for this release and other covenants, following the separation date Mr. McDonald will receive the severance benefits provided under his employment agreement, payment of his bonus for fiscal 2025, a lump sum cash payment of $3.05 million, and specified treatment of his outstanding equity awards, including continued vesting and an extended exercise period for his stock options and retirement treatment of his outstanding PSUs. All such consideration is conditioned on Mr. McDonald's execution of a second release of claims upon separation and his continuing compliance with various restrictive covenants, including covenants relating to non-competition, non-solicitation, non-disparagement and confidentiality. In connection with Ms. Frank's appointment as interim co-CEO, the People, Culture and Compensation Committee of the board of directors approved an increase in annual salary to $950,000 and an increase in target annual equity grants to $4.5 million. Ms. Frank will receive a one-time retention deferred
Sep 4, 2025
lulu-202509040001397187false00013971872025-09-042025-09-04
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 4, 2025 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On September 4, 2025, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the second quarter ended August 3, 2025 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on September 4, 2025 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on September 4, 2025.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: September 4, 2025/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Jun 5, 2025
lulu-202506050001397187false00013971872025-06-052025-06-05
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 June 5, 2025 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On June 5, 2025, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the first quarter ended May 4, 2025 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on June 5, 2025 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on June 5, 2025.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: June 5, 2025/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Mar 27, 2025
lulu-202503270001397187false00013971872025-03-272025-03-27
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 27, 2025 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On March 27, 2025, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and full year ended February 2, 2025 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on March 27, 2025 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Description
99.1Press release issued on March 27, 2025.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: March 27, 2025/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Dec 5, 2024
lulu-202412030001397187false00013971872024-12-032024-12-03
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 December 3, 2024 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On December 5, 2024, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the third quarter ended October 27, 2024 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on December 5, 2024 to discuss its financial results.
Item 8.01.Other Events.
On December 3, 2024, the board of directors approved a $1.0 billion increase to the Company's existing stock repurchase program. The repurchase authorization has no time limit and does not require the repurchase of a minimum number of shares. Common shares may be repurchased on the open market, in block trades, or in privately negotiated transactions, including under plans complying with the provisions of Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934. The timing and actual number of common shares to be repurchased will depend upon market conditions, eligibility to trade, and other factors.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on December 5, 2024.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: December 5, 2024/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Aug 29, 2024
lulu-202408290001397187false00013971872024-08-292024-08-29
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 29, 2024 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On August 29, 2024, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the second quarter ended July 28, 2024 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on August 29, 2024 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on August 29, 2024.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: August 29, 2024/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Jun 5, 2024
lulu-202405290001397187false00013971872024-05-292024-05-29
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 29, 2024 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On June 5, 2024, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the first quarter ended April 28, 2024 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on June 5, 2024 to discuss its financial results.
Item 8.01.Other Events.
On May 29, 2024, the board of directors approved a $1.0 billion increase to the Company's existing stock repurchase program. The repurchase authorization has no time limit and does not require the repurchase of a minimum number of shares. Common shares may be repurchased on the open market, in block trades, or in privately negotiated transactions, including under plans complying with the provisions of Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934. The timing and actual number of common shares to be repurchased will depend upon market conditions, eligibility to trade, and other factors. As reported in the Company's fiscal 2023 Annual Report on Form 10-K filed with the SEC on March 21, 2024, during the fourth quarter of 2023, the Company made changes to its identified operating segments. For comparability purposes, it has recast the quarterly prior period segment data for fiscal 2023 to reflect the change and included this information in the attached Exhibit 99.2. This recast only affects the Company's segment reporting and does not change its consolidated operating net revenue, income from operations, or net income.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on June 5, 2024.
99.2Segmented Information
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: June 5, 2024/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Mar 21, 2024
lulu-202403210001397187false00013971872024-03-212024-03-21
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 21, 2024 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On March 21, 2024, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and full year ended January 28, 2024 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on March 21, 2024 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Description
99.1Press release issued on March 21, 2024.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: March 21, 2024/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Dec 7, 2023
lulu-202311290001397187false00013971872023-11-292023-11-29
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 November 29, 2023 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On December 7, 2023, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the third quarter ended October 29, 2023 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on December 7, 2023 to discuss its financial results.
Item 8.01.Other Events.
On November 29, 2023, the board of directors approved a new stock repurchase program for up to $1 billion of the Company's common shares. The repurchase authorization has no time limit and does not require the repurchase of a minimum number of shares. Common shares may be repurchased on the open market, in block trades, or in privately negotiated transactions, including under plans complying with the provisions of Rule 10b5-1 and Rule 10b-18 of the Securities Exchange Act of 1934. The timing and actual number of common shares to be repurchased will depend upon market conditions, eligibility to trade, and other factors.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on December 7, 2023.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: December 7, 2023/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Aug 31, 2023
lulu-202308310001397187false00013971872023-08-312023-08-31
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 31, 2023 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On August 31, 2023, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the second quarter ended July 30, 2023 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on August 31, 2023 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on August 31, 2023.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: August 31, 2023/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Jun 1, 2023
lulu-202306010001397187false00013971872023-06-012023-06-01
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 June 1, 2023 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On June 1, 2023, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the first quarter ended April 30, 2023 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on June 1, 2023 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on June 1, 2023.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: June 1, 2023/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Mar 28, 2023
lulu-202303280001397187false00013971872023-03-282023-03-28
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 28, 2023 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On March 28, 2023, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and full year ended January 29, 2023 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on March 28, 2023 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.Description
99.1Press release issued on March 28, 2023.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: March 28, 2023/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Dec 8, 2022
lulu-202212080001397187false00013971872022-12-082022-12-08
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 December 8, 2022 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On December 8, 2022, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the third quarter ended October 30, 2022 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on December 8, 2022 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on December 8, 2022.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: December 8, 2022/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Sep 1, 2022
lulu-202209010001397187false00013971872022-09-012022-09-01
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 1, 2022 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On September 1, 2022, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the second quarter ended July 31, 2022 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on September 1, 2022 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on September 1, 2022.
104Cover Page Interactive Data File (formatted in iXBRL)
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: September 1, 2022/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Jun 2, 2022
lulu-202206020001397187false00013971872022-06-022022-06-02
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 June 2, 2022 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On June 2, 2022, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the first quarter ended May 1, 2022 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on June 2, 2022 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on June 2, 2022.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: June 2, 2022/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Exhibit No. Description
99.1 Press release issued on June 2, 2022.
Mar 29, 2022
lulu-202203230001397187false00013971872022-03-232022-03-23
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 23, 2022 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On March 29, 2022, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and full year ended January 30, 2022 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on March 29, 2022 to discuss its financial results.
Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Offices; Compensatory Arrangements of Certain Officers.
On March 23, 2022, the board of directors adopted the lululemon athletica inc. Executive Bonus Plan. The purpose of the bonus plan is to provide an incentive for the Company's executives to help it achieve its annual performance objectives, to link their compensation to its business strategies and pay-for-performance philosophy, and to help it attract and retain the services of qualified and highly-skilled executives. The bonus plan is effective as of March 23, 2022. Under the bonus plan, senior executives will be eligible to receive performance awards, based on attainment of certain performance goals. The People, Culture and Compensation Committee of the board of directors, in its sole discretion, may establish performance goals that related to financial, operational or other performance of lululemon or any of its subsidiaries or divisions, to individual performance objectives of the participant, or to any other performance goal established by the committee in connection with a potential bonus payment. The performance goals may relate to annual, semi-annual, quarterly or other performance periods established by the committee, although it is generally expected that the committee will establish annual performance periods under the bonus plan. Unless otherwise determined by the committee, a bonus under the bonus plan will be earned as of the end of the performance period and generally will be paid to the participant if the participant remains employed through the payment date. Awards under the plan are subject to our clawback policy. The board of directors may amend or terminate the bonus plan at any time. The foregoing description of the executive bonus plan does not purport to be complete and is qualified in its entirety by reference to the full text of the bonus plan, which is filed as Exhibit 10.1 to this current report and is incorporated by reference in this Item 5.02.
Item 8.01.Other Events.
On March 23, 2022, the board of directors approved a new stock repurchase program for up to $1 billion of the Company's common shares. The repurchase authorization has no time limit and does not require the repurchase of a minimum number of shares. Common shares may be repurchased on the open market, in block trades, or in privately negotiated transactions, including under plans complying
Dec 9, 2021
lulu-202112090001397187false00013971872021-12-092021-12-09
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 December 9, 2021 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On December 9, 2021, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the third quarter ended October 31, 2021 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on December 9, 2021 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on December 9, 2021.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: December 9, 2021/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Exhibit No. Description
99.1 Press release issued on December 9, 2021.
Sep 8, 2021
lulu-202109080001397187false00013971872021-09-082021-09-08
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 September 8, 2021 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On September 8, 2021, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the second quarter ended August 1, 2021 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on September 8, 2021 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on September 8, 2021.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: September 8, 2021/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Exhibit No. Description
99.1 Press release issued on September 8, 2021.
Jun 3, 2021
lulu-202106030001397187false00013971872021-06-032021-06-03
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 June 3, 2021 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On June 3, 2021, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the first quarter ended May 2, 2021 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on June 3, 2021 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on June 3, 2021.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: June 3, 2021/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Exhibit No. Description
99.1 Press release issued on June 3, 2021.
Mar 30, 2021
lulu-202103300001397187false00013971872021-03-302021-03-30
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 March 30, 2021 Date of Report (Date of earliest event reported)
lululemon athletica inc. (Exact name of registrant as specified in its charter)
Delaware001-3360820-3842867 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
1818 Cornwall Avenue Vancouver, British Columbia Canada, V6J 1C7 (Address of principal executive offices, including Zip Code) Registrant's telephone number, including area code: (604) 732-6124
Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading symbol(s)Name of each exchange on which registered Common Stock, par value $0.005 per shareLULUNasdaq Global Select Market
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.02.Results of Operations and Financial Condition.
On March 30, 2021, lululemon athletica inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and full year ended January 31, 2021 and certain other information. A copy of the Company's press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. As previously announced, the Company has scheduled a conference call for 4:30 p.m. Eastern time on March 30, 2021 to discuss its financial results.
Item 9.01.Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press release issued on March 30, 2021.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
lululemon athletica inc.
Dated: March 30, 2021/s/ MEGHAN FRANK Meghan Frank Chief Financial Officer
Exhibit No. Description
99.1 Press release issued on March 30, 2021.
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