lululemon athletica inc.
LULU · Apparel & Other Finishd Prods of Fabrics & Similar Matl · 108.4M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $465M (gross $559M, SBC $94M)
Reference price $117.05 · est. market cap ~$12.7B — last insider purchase, 2026-06-15 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
A80Premium athletic-apparel brand with elite margins, strong returns, and strong free cash flow; growth has cooled.
Strengths
- Elite margins/returns — operating margin 20% (86th), ROA 19% (95th), ROE 32% (82nd)
- Strong free cash flow — FCF $922M (90th)
- Strong liquidity — current ratio 2.3
Risks
- Slowing growth/US softness — revenue +5%, net income -13%
- Fashion-cycle and brand-momentum risk — per 10-K
- International-expansion execution — per 10-K
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Insider buyingInsider buying — 3 open-market buy(s) by 2 insider(s) (cluster of 2 insiders, ~$2M, last 6mo) Form 4 ↗
- Revenue declineRevenue -32.1% YoY
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, FMR LLC, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
56.6%
Operating margin
19.9%
Net margin
14.2%
Return on equity
31.8%
Return on assets
18.7%
Revenue growth (QoQ)
-32.1%
Net-income growth
-13.0%
Current ratio
2.3×
Free cash flow
$922M
EBITDA
$2.7B
Tangible book value
$4.8B
Stock comp / revenue
0.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-15 | Bergh Charles V | Buy | 4.3K | $117.05 |
| 2026-06-09 | Bracey Esi Eggleston | Grant | 247 | — |
| 2026-06-08 | NEUBURGER NICOLE | Tax withheld | 55 | $117.55 |
| 2026-06-08 | FRANK MEGHAN | Tax withheld | 28 | $117.55 |
| 2026-04-08 | NEUBURGER NICOLE | Sell | 622 | $161.00 |
| 2026-04-01 | MAESTRINI ANDRE | Buy | 3.3K | $151.02 |
| 2026-03-31 | FRANK MEGHAN | Tax withheld | 400 | $153.10 |
| 2026-03-31 | NEUBURGER NICOLE | Tax withheld | 369 | $153.10 |
| 2026-03-31 | MAESTRINI ANDRE | Tax withheld | 357 | $153.10 |
| 2026-03-30 | FRANK MEGHAN | Tax withheld | 201 | $145.83 |
| 2026-03-30 | MAESTRINI ANDRE | Option exercise | 4.7K | — |
| 2026-03-30 | MAESTRINI ANDRE | Tax withheld | 2.2K | $145.83 |
| 2026-03-30 | MAESTRINI ANDRE | Tax withheld | 224 | $145.83 |
| 2026-03-30 | NEUBURGER NICOLE | Option exercise | 3.8K | — |
| 2026-03-30 | NEUBURGER NICOLE | Tax withheld | 2.0K | $145.83 |
| 2026-03-30 | NEUBURGER NICOLE | Tax withheld | 201 | $145.83 |
| 2026-03-30 | FRANK MEGHAN | Option exercise | 3.8K | — |
| 2026-03-30 | FRANK MEGHAN | Tax withheld | 2.0K | $145.83 |
| 2026-03-25 | MAESTRINI ANDRE | Tax withheld | 220 | $158.72 |
| 2026-03-25 | FRANK MEGHAN | Tax withheld | 246 | $158.72 |
| 2026-03-25 | NEUBURGER NICOLE | Tax withheld | 224 | $158.72 |
| 2026-03-20 | Bergh Charles V | Buy | 6.1K | $164.20 |
| 2026-03-19 | FRANK MEGHAN | Grant | 5.4K | — |
| 2026-03-19 | NEUBURGER NICOLE | Grant | 3.7K | — |
| 2026-03-19 | MAESTRINI ANDRE | Grant | 5.4K | — |
| 2026-03-19 | GRANT SHANE | Grant | 695 | — |
| 2026-03-19 | Mahe Isabel | Grant | 664 | — |
| 2026-03-19 | McNeill Jon | Grant | 355 | — |
| 2026-03-19 | Bergh Charles V | Grant | 272 | — |
| 2026-03-19 | MUSSAFER DAVID M | Grant | 1.1K | — |
| 2026-03-19 | Das Ranju | Grant | 3.9K | — |
| 2025-12-30 | FRANK MEGHAN | Option exercise | 1.4K | $167.54 |
| 2025-12-30 | FRANK MEGHAN | Option exercise | 1.4K | $167.54 |
| 2025-12-30 | FRANK MEGHAN | Sell | 2.7K | $211.37 |
| 2025-12-19 | MORFITT MARTHA A M | Gift | 6.5K | — |
| 2025-12-17 | MORFITT MARTHA A M | Grant | 3.6K | — |
| 2025-12-16 | BURGOYNE CELESTE | Sell | 1.9K | $203.48 |
| 2025-12-16 | BURGOYNE CELESTE | Sell | 12K | $204.08 |
| 2025-12-15 | FRANK MEGHAN | Grant | 1.2K | — |
| 2025-12-15 | MAESTRINI ANDRE | Grant | 1.2K | — |
| 2025-12-15 | MAESTRINI ANDRE | Grant | 9.7K | — |
| 2025-12-15 | FRANK MEGHAN | Grant | 9.7K | — |
| 2025-12-15 | NEUBURGER NICOLE | Grant | 6.1K | — |
| 2025-09-30 | NEUBURGER NICOLE | Sell | 615 | $178.00 |
| 2025-09-09 | Das Ranju | Grant | 6.2K | — |
| 2025-06-27 | MCDONALD CALVIN | Option exercise | 35K | $136.67 |
| 2025-06-27 | MCDONALD CALVIN | Sell | 22K | $235.54 |
| 2025-06-27 | MCDONALD CALVIN | Sell | 5.1K | $236.33 |
| 2025-06-11 | MUSSAFER DAVID M | Grant | 634 | — |
| 2025-06-11 | Mahe Isabel | Grant | 634 | — |
| 2025-06-11 | White Emily | Grant | 634 | — |
| 2025-06-11 | Loehnis Alison | Grant | 634 | — |
| 2025-06-11 | Henry Kathryn | Grant | 634 | — |
| 2025-06-11 | McNeill Jon | Grant | 634 | — |
| 2025-06-11 | MORFITT MARTHA A M | Grant | 634 | — |
| 2025-06-11 | List Teri | Grant | 634 | — |
| 2025-06-11 | GRANT SHANE | Grant | 634 | — |
| 2025-06-09 | NEUBURGER NICOLE | Tax withheld | 67 | $259.04 |
| 2025-06-09 | FRANK MEGHAN | Tax withheld | 28 | $259.04 |
| 2025-03-31 | NEUBURGER NICOLE | Grant | 2.1K | $283.06 |
| 2025-03-31 | NEUBURGER NICOLE | Option exercise | 4.0K | — |
| 2025-03-31 | NEUBURGER NICOLE | Tax withheld | 328 | $283.06 |
| 2025-03-31 | NEUBURGER NICOLE | Tax withheld | 2.1K | $283.06 |
| 2025-03-31 | FRANK MEGHAN | Grant | 2.3K | $283.06 |
| 2025-03-31 | FRANK MEGHAN | Option exercise | 4.0K | — |
| 2025-03-31 | FRANK MEGHAN | Tax withheld | 337 | $283.06 |
| 2025-03-31 | FRANK MEGHAN | Tax withheld | 2.1K | $283.06 |
| 2025-03-31 | BURGOYNE CELESTE | Grant | 3.2K | $283.06 |
| 2025-03-31 | BURGOYNE CELESTE | Option exercise | 9.3K | — |
| 2025-03-31 | BURGOYNE CELESTE | Tax withheld | 733 | $283.06 |
| 2025-03-31 | BURGOYNE CELESTE | Tax withheld | 5.0K | $283.06 |
| 2025-03-31 | MCDONALD CALVIN | Option exercise | 27K | — |
| 2025-03-31 | MCDONALD CALVIN | Tax withheld | 14K | $283.06 |
| 2025-03-31 | MAESTRINI ANDRE | Grant | 2.3K | $283.06 |
| 2025-03-31 | MAESTRINI ANDRE | Option exercise | 5.3K | — |
| 2025-03-31 | MAESTRINI ANDRE | Tax withheld | 387 | $283.06 |
| 2025-03-31 | MAESTRINI ANDRE | Tax withheld | 2.5K | $283.06 |
| 2025-03-25 | BURGOYNE CELESTE | Tax withheld | 364 | $337.35 |
| 2025-03-25 | FRANK MEGHAN | Tax withheld | 246 | $337.35 |
| 2025-03-25 | NEUBURGER NICOLE | Tax withheld | 224 | $337.35 |
| 2025-03-25 | MAESTRINI ANDRE | Tax withheld | 220 | $337.35 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-26 | Exec/director changeShareholder vote | filing ↗ |
| 2026-06-04 | ResultsExhibits | filing ↗ |
| 2026-05-27 | Material agreementReg FDExhibits | filing ↗ |
| 2026-04-28 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-04-22 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-17 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-03-17 | ResultsExhibits | filing ↗ |
| 2026-01-12 | Reg FDExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-26 | 2026-06-24 | 0001397187-26-000088 ↗ |
| 10-Q | 2026-06-04 | 2026-05-03 | 0001397187-26-000078 ↗ |
| 8-K | 2026-06-04 | 2026-06-04 | 0001397187-26-000077 ↗ |
| 8-K | 2026-05-27 | 2026-05-26 | 0001213900-26-061531 ↗ |
| 8-K | 2026-04-28 | 2026-04-26 | 0001213900-26-048264 ↗ |
| 8-K | 2026-04-22 | 2026-04-21 | 0001397187-26-000070 ↗ |
| 10-K | 2026-03-17 | 2026-02-01 | 0001397187-26-000020 ↗ |
| 8-K | 2026-03-17 | 2026-03-17 | 0001397187-26-000019 ↗ |
| 8-K | 2026-03-17 | 2026-03-13 | 0001397187-26-000017 ↗ |
| 8-K | 2026-01-12 | 2026-01-12 | 0001397187-26-000005 ↗ |
| 8-K | 2025-12-29 | 2025-12-29 | 0001213900-25-126119 ↗ |
| 8-K | 2025-12-11 | 2025-12-03 | 0001397187-25-000054 ↗ |