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Lululemon Athletica Inc. (LULU) CEO Calvin McDonald on Q1 2020 Results - Earnings Call Transcript

Jun. 11, 2020 8:33 PM ETLululemon Athletica Inc. (LULU)
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Lululemon Athletica Inc. (NASDAQ:LULU) Q1 2020 Earnings Conference Call June 11, 2020 4:30 PM ET

Company Participants

Calvin McDonald - CEO

Sun Choe - Chief Product Officer

Meghan Frank - SVP, Financial Planning & Analysis

Alex Grieve - VP, Controller

Howard Tubin - VP, Investor Relations

Conference Call Participants

Matthew McClintock - Raymond James

Matthew Boss - JPMorgan

Lorraine Hutchinson - Bank of America

Paul Trussell - Deutsche Bank

John Kernan - Cowen

Erinn Murphy - Piper Sandler

Alex Walvis - Goldman Sachs


Thank you for standing by. This is the conference operator. Welcome to the Lululemon Athletica Inc. First Quarter 2020 Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will 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 first quarter earnings conference call. Joining me today to talk about our results are Calvin McDonald, CEO; Sun Choe, Chief Product Officer; Meghan Frank, SVP Financial Planning and Analysis; and Alex Grieve, VP and Controller.

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 which by 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

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