Lululemon Athletica Inc. (LULU) Q2 2023 Earnings Call Transcript

Lululemon Athletica Inc. (NASDAQ:LULU) Q2 2023 Results Conference Call August 31, 2023 4:30 PM ET

Company Participants

Howard Tubin – VP, IR

Calvin McDonald – CEO

Meghan Frank – CFO

Conference Call Participants

Matthew Boss – JP Morgan

Adrienne Yih – Barclays

Lorraine Hutchinson – Bank of America

Paul Lejuez – Citi

John Kernan – TD Cowen

Brian Nagel – Oppenheimer

Dana Telsey – Telsey Group

Ike Boruchow – Wells Fargo

Brooke Roach – Goldman Sachs

Alex Straton – Morgan Stanley

Operator

Thank you for standing by. This is the conference operator. Welcome to the Lululemon Athletica Inc. Second Quarter 2023 Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there’ll be an opportunity to ask questions. [Operator Instructions]

I would now like to turn the conference over to Howard Tubin, Vice President, Investor Relations for Lululemon Athletica. Please go ahead.

Howard Tubin

Thank you, and good afternoon. Welcome to Lululemon’s second quarter earnings conference call. Joining me today to talk about our results are Calvin McDonald, CEO; and Meghan Frank, CFO.

Before we get started, I’d like to take this opportunity to remind you that our remarks today will include forward-looking statements, reflecting management’s current forecast of certain aspects of Lululemon’s future. These statements are based on current information, which we have assessed, but by which its nature is dynamic and subject to rapid and even abrupt changes. Actual results may differ materially from those contained in or implied by these forward-looking statements due to risks and uncertainties associated with our business, including those we have disclosed in our most recent filings with the SEC, including our annual report on Form 10-K and our quarterly reports on Form 10-Q.

Any forward-looking statements that we make on this call

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