Lululemon Athletica Inc. (LULU) CEO Calvin McDonald on Q2 2020 Results - Earnings Call Transcript

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Q2: 2020-09-08 Earnings Summary

EPS of $0.74 beats by $0.18
 | Revenue of $902.94M (2.22% Y/Y) beats by $55.56M

Lululemon Athletica Inc. (NASDAQ:LULU) Q2 2020 Earnings Conference Call September 8, 2020 4:30 PM ET

Company Participants

Howard Tubin - Vice President, Investor Relations
Calvin McDonald - Chief Executive Officer
Meghan Frank - Senior Vice President, Financial Planning and Analysis
Alex Grieve - Vice President and Controller

Conference Call Participants

Lorraine Hutchinson - Bank of America
Mark Altschwager - Baird
Matt McClintock - Raymond James
Adrienne Yih - Barclays
Ike Boruchow - Wells Fargo
Alexandra Walvis - Goldman Sachs
Omar Saad - Evercore
Matthew Boss - JPMorgan

Operator

Thank you for standing by. This is the conference operator. Welcome to the Lululemon Athletica Inc. Second Quarter 2020 Earnings 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 second quarter earnings conference call. Joining me today to talk about our results are Calvin McDonald, CEO; Meghan Frank, SVP Financial Planning and Analysis; and Alex Grieve, VP, Controller.

Before we get started, I would 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 reports on Form 10-K and our quarterly reports on Form

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