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10-QMEDIUM RiskDETERIORATING

lululemon athletica inc.

shop.lululemon.com
Filed: Jun 4, 2026 CIK: 0001397187Retail
View original filing on SEC.gov

AI Executive Summary

AI-powered analysis of 10-Q filing content

Lululemon shows concerning financial deterioration with significant declines in profitability despite revenue growth. Operating income dropped 37% and net income fell 38% year-over-year, while cost of goods sold increased dramatically by 14.7%, indicating margin compression and operational challenges.

Red Flags Detected (7)

Operating income declined 37% from $438.6M to $277M despite 4.3% revenue growth

Net income dropped 38% from $314.6M to $195M year-over-year

Cost of goods sold increased 14.7% ($145M increase) far exceeding 4.3% revenue growth

4 more red flags detected

Key Takeaways

Lululemon is experiencing significant operational headwinds with costs rising much faster than revenue

The company's premium pricing power appears to be under pressure

2 more takeaways

Filing Overview

Form TypeQuarterly Report (10-Q)
Filing DateJun 4, 2026
Risk LevelMEDIUM
TrendDETERIORATING
AI Confidence75%
Red Flags7

What This Means

Deteriorating Trend: Conditions are worsening compared to previous filings. This may create opportunities for service providers.

Quarterly Report: Interim filing with unaudited financial data for the quarter.

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