Lululemon Athletica Inc. Reports Material Definitive Agreement

TL;DR

LULU inked a new material definitive agreement on Oct 15, creating a financial obligation. Filing out now.

AI Summary

On October 15, 2025, lululemon athletica inc. entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Delaware with EIN 203842867, filed this 8-K report on October 21, 2025, detailing the financial obligation and related exhibits.

Why It Matters

This filing indicates a new financial commitment or obligation for Lululemon, which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — The creation of a direct financial obligation or an off-balance sheet arrangement can introduce new financial risks or commitments for the company.

Key Numbers

• 001-33608 — SEC File Number (Identifies the company's filings with the SEC.)
• 20-3842867 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• lululemon athletica inc. (company) — Registrant
• October 15, 2025 (date) — Date of earliest event reported
• October 21, 2025 (date) — Date of Report
• Delaware (jurisdiction) — State of incorporation
• 203842867 (identifier) — IRS Employer Identification No.
• 1818 Cornwall Avenue Vancouver , British Columbia Canada , V6J 1C7 (address) — Address of principal executive offices
• 604-732-6124 (phone_number) — Registrant's telephone number

FAQ

Key Financial Figures

• $0.005 — ich registered Common Stock, par value $0.005 per share LULU Nasdaq Global Select Mar
• $600.0 million — nders party thereto, which provides for $600.0 million in commitments under an unsecured five-
• $1.0 billion — commitments thereunder up to a total of $1.0 billion. The Credit Facility has a maturity dat

Filing Documents

• lulu-20251015.htm (8-K) — 29KB
• lulu-20251015xex101.htm (EX-10.1) — 1735KB
• lulu-20251015_g1.jpg (GRAPHIC) — 18KB
• 0001397187-25-000045.txt ( ) — 2162KB
• lulu-20251015.xsd (EX-101.SCH) — 2KB
• lulu-20251015_lab.xml (EX-101.LAB) — 22KB
• lulu-20251015_pre.xml (EX-101.PRE) — 13KB
• lulu-20251015_htm.xml (XML) — 3KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On October 15, 2025, lululemon athletica inc. ("lululemon") entered into the Second Amended and Restated Credit Agreement, as described below under Item 2.03, which is incorporated herein by reference. Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant. On October 15, 2025, lululemon entered into the Second Amended and Restated Credit Agreement (the "Credit Agreement"), by and among lululemon and certain of its subsidiaries as co-borrowers, Bank of America, N.A., as administrative agent, and the lenders party thereto, which provides for $600.0 million in commitments under an unsecured five-year revolving credit facility (the "Credit Facility"). Subject to the conditions stated in the Credit Agreement, lululemon may request increases in the aggregate commitments thereunder up to a total of $1.0 billion. The Credit Facility has a maturity date of October 15, 2030, subject to two one-year extensions at the request of lululemon under certain circumstances, in each case as more fully described in the Credit Agreement. Borrowings under the Credit Facility may be prepaid and commitments may be reduced or terminated from time to time without premium or penalty, subject to customary breakage costs. The Credit Facility is guaranteed by lululemon and certain of its subsidiaries, subject to customary exceptions. Borrowings under the Credit Facility bear interest at rates based on alternative benchmarks, at lululemon's option, in each case plus an applicable margin. The margin and any commitment fees are determined pursuant to a pricing grid based on lululemon's credit ratings or financial ratios, as more fully described in the Credit Agreement. The Credit Agreement contains customary financial, affirmative and negative covenants applicable to lululemon and its subsidiaries, including limitations on indebtedness, liens, fundamental changes, dis

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Second Amended and Restated Credit Agreement, dated October 15, 2025, among lululemon athletica inc. and certain of its subsidiaries, as borrowers; Bank of America, N.A., as administrative agent; and each other lender party thereto. 104 Cover Page Interactive Data File (formatted in iXBRL)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. lululemon athletica inc. Dated: October 21, 2025 /s/ MEGHAN FRANK Meghan Frank Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR