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RALEIGH, N.C. – The North Carolina State Board of Elections' top administrator asked a powerful legislator on Thursday to retract a comment that he made suggesting this month's results were being manipulated, saying it could lead to threats against local election workers. “You are a top leader of our state government. What you say matters,” Karen Brinson Bell, the board’s executive director, wrote state Senate leader Phil Berger in response to his words from Wednesday. “When you tell your fellow citizens that an election is being conducted fraudulently, they listen.” Recommended Videos Berger, a Republican, was speaking to reporters following the final passage of a bill that in part would shift next year the authority to appoint the State Board of Elections from the governor to the state auditor. The new governor in 2025 will remain a Democrat in Josh Stein, while the next auditor will be a Republican. Changes also would likely filter down to county elections boards. Republicans have expressed frustration about a state Supreme Court race where GOP candidate Jefferson Griffin was leading on election night. But a 10,000-vote deficit for Democratic incumbent Allison Riggs was eliminated as county boards added qualifying provisional and absentee ballots to the totals. Griffin, now trailing, asked for a recount now underway and has filed protests. Without mentioning the court race by name or specifics of electoral influence, Berger told reporters that “we're seeing played out at this point another episode of ‘Count Until Somebody You Want to Win Wins.’" In the letter, first reported by North Carolina Public Radio, Brinson Bell wrote that Berger's accusation “has absolutely no basis in fact,” and that county boards, where hundreds of Democrats and Republicans serve, "were duty-bound to count eligible provisional and absentee ballots" before last Friday's canvass. Some did not finish their work until this week. The legislation also would move up the deadlines so that election officials finish counting outstanding ballots more quickly. Berger’s office didn’t immediately respond to an email seeking comment on Brinson Bell’s letter — an unusual communication by an agency head to one of the state’s most influential politicians. Brinson Bell told Berger that “baseless accusations of wrongdoing” over the 2020 elections led election administrators to leave their profession and bring emotional stress, too. “I fear for the people running elections in this state, including in your own community, that some misguided people will conclude from your statements that actions must be taken, perhaps through the use of threats or violence,” Brinson Bell said. The state board and county boards, while bipartisan, are controlled by Democrats. A Democratic state board first hired Brinson Bell for the job in 2019 . Her future at the post may be jeopardized should the bill moving state board appointing power to Republican Auditor Dave Boliek be enacted and avoids being struck down by courts. Republican legislators have previously expressed displeasure at some of Brinson Bell's actions. Berger said Wednesday that he wants a board that “functionally operates in a way that is just counting the votes, not pulling for one side or the other.” Logistically, elections went relatively well in the battleground state won by Republican Donald Trump, despite disruptions caused by Hurricane Helene's historic flooding. The General Assembly passed legislation providing flexibility to 25 western counties affected most by the storm, leading to altered early-vote sites and schedules. A handful of Election Day precincts set up shop in tents.Teenage defender Dean Huijsen became Bournemouth's youngest Premier League goalscorer by heading his side to a 1-0 victory over Tottenham at the Vitality Stadium. Andoni Iraola's Cherries had upset title hopefuls Arsenal and Manchester City in two of their previous three fixtures on home soil. Spain U21 international Huijsen, aged 19 years and 235 days, secured a further scalp for the south-coast club with a 17th-minute winner on Thursday as inconsistent Spurs suffered another setback of a patchy season so far. Bournemouth leapfrogged Ange Postecoglou's visitors into ninth position following a deserved success which should have been more comfortable. Ryan Christie struck the woodwork and the impressive hosts failed to capitalise on a host of chances, while toothless Tottenham created little going forward. Inconsistent Spurs hammered champions Manchester City 4-0 in their previous away fixture but that was their only win in five games in all competitions ahead of the trip to Dorset. Dominic Solanke was passed fit to face his former club after missing Sunday's 1-1 draw at home to Fulham due to illness, with captain Son Heung-min dropping to the bench as part of three changes. The north London club started in the ascendancy and, after the recalled Dejan Kulusevski shot straight at Cherries goalkeeper Kepa Arrizabalaga, Solanke fired wastefully over, having been released by stand-in skipper James Maddison. Bournemouth looked lively on the counter-attack and edged ahead. Spurs goalkeeper Fraser Forster initially produced a fine save to deny Evanilson following dithering from Radu Dragusin but, from the resultant inswinging corner taken by Marcus Tavernier, Huijsen, a summer signing from Juventus, arrived unmarked at the back post to nod home. Tavernier had the ball in the net 14 minutes after the opener but was clearly offside, before later seeing a close-range header from Milos Kerkez's cross clawed away by Forster. Despite Tottenham's shortcomings, Postecoglou opted against changes at the break. His team resumed on the front foot, albeit still looking susceptible on the break, with Justin Kluivert, who hit a hat-trick of penalties in Saturday's 4-2 win at Wolves, coming close to doubling the Cherries' lead. Son replaced Pape Sarr in the 57th minute and immediately increased the tempo of Tottenham's play. The South Korea international finished on the rebound two minutes after his introduction following Kulusevski's initial effort but was denied by an offside flag, before later slipping in Maddison, who curled narrowly wide. Fellow substitute Pedro Porro tested Kepa with a thumping low drive, prior to Christie striking the base of the left post at the other end. Tottenham survived a major scare 18 minutes from time when Evanilson's close-range finish was disallowed for offside after Forster's risky pass to Kulusevski was intercepted. Bournemouth should have put the game beyond Spurs, with Tavernier and substitute Dango Ouattara each squandering excellent opportunities by firing over. The misses ensured plenty of tension during six minutes of added time but mattered little in the end as Spurs could not muster a meaningful attempt to snatch a point. At Craven Cottage, Alex Iwobi scored twice as Fulham marched into the top half of the league with a 3-1 win over Brighton. The Cottagers were pegged back after Iwobi's quickfire opener by Carlos Baleba's fine strike early in the second half. But Matt O'Riley's own goal gifted them the lead again and Iwobi hit his second to ensure Brighton have still never beaten Fulham in the Premier League.VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec 5, 2024-- lululemon athletica inc. (NASDAQ:LULU) today announced financial results for the third quarter of fiscal 2024, which ended on October 27, 2024. Calvin McDonald, Chief Executive Officer, stated: "Our performance in the third quarter shows the enduring strength of lululemon globally, as we saw continued momentum across our international markets and in Canada. Looking to the future, we are pleased with the start to our holiday season, and we remain focused on accelerating our U.S. business and growing our brand awareness around the world. Thank you to our dedicated teams for continuing to deliver for our guests and stakeholders." The adjusted non-GAAP financial measures below exclude asset impairment and other charges recognized in relation to lululemon Studio during the third quarter of 2023, and the related income tax effects of these items. For the third quarter of 2024, compared to the third quarter of 2023: Net revenue increased 9% to $2.4 billion, or increased 8% on a constant dollar basis. Americas net revenue increased 2%. International net revenue increased 33%, or 30% on a constant dollar basis. Comparable sales increased 4%, or 3% on a constant dollar basis. Americas comparable sales decreased 2%. International comparable sales increased 25%, or 22% on a constant dollar basis. Gross profit increased 12% to $1.4 billion. Adjusted gross profit increased 9%. Gross margin increased 150 basis points to 58.5%. Adjusted gross margin increased 40 basis points. Income from operations increased 45% to $490.7 million. Adjusted income from operations increased 12%. Operating margin increased 520 basis points to 20.5%. Adjusted operating margin increased 70 basis points. The effective income tax rate for the third quarter of 2024 was 30.2% compared to 28.5% for the third quarter of 2023. The adjusted effective tax rate was 28.1% for the third quarter of 2023. Diluted earnings per share were $2.87 compared to $1.96 in the third quarter of 2023. Adjusted diluted earnings per share were $2.53 in the third quarter of 2023. The Company added 28 new company-operated stores during the third quarter, including 14 company-operated stores from the acquisition of the Mexico operations, ending with 749 stores. Meghan Frank, Chief Financial Officer, stated: "Our third quarter results, which exceeded our expectations, demonstrate the ability of our teams to be agile in a dynamic operating environment. With the majority of the fourth quarter still in front of us, we are focused on deepening engagement with our guests and bringing new consumers into the brand. We are committed to delivering on our Power of Three ×2 revenue target of $12.5 billion in 2026 and look forward to all that lies ahead." Stock Repurchase Program During the third quarter of 2024, the Company repurchased 1.6 million shares of its common stock for a cost of $408.5 million. On December 3, 2024, the board of directors approved a $1.0 billion increase to the Company's stock repurchase program. Including this increase, as of December 5, 2024, the Company had approximately $1.8 billion remaining authorized on its stock repurchase program. Balance Sheet Highlights The Company ended the third quarter of 2024 with $1.2 billion in cash and cash equivalents and the capacity under its committed revolving credit facility was $393.5 million. Inventories at the end of the third quarter of 2024 increased 8% to $1.8 billion compared to $1.7 billion at the end of the third quarter of 2023. 2024 Outlook For the fourth quarter of 2024, the Company expects net revenue to be in the range of $3.475 billion to $3.510 billion, representing growth of 8% to 10%, or 3% to 4% excluding the 53rd week of 2024. Diluted earnings per share are expected to be in the range of $5.56 to $5.64 for the quarter. This assumes a tax rate of approximately 29.5%. For 2024, the Company now expects net revenue to be in the range of $10.452 billion to $10.487 billion, representing growth of 9%, or 7% excluding the 53rd week of 2024. Diluted earnings per share are now expected to be in the range of $14.08 to $14.16 for the year. This assumes a tax rate of approximately 30%. The guidance does not reflect potential future repurchases of the Company's shares. The guidance and outlook forward-looking statements made in this press release are based on management's expectations as of the date of this press release and do not incorporate future unknown impacts, including macroeconomic trends. The Company undertakes no duty to update or to continue to provide information with respect to any forward-looking statements or risk factors, whether as a result of new information or future events or circumstances or otherwise. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of risks and uncertainties, including those stated below. Power of Three ×2 The Company's Power of Three ×2 growth plan calls for a doubling of the business from 2021 net revenue of $6.25 billion to $12.5 billion by 2026. The key pillars of the plan are product innovation, guest experience, and market expansion. Conference Call Information A conference call to discuss third quarter results is scheduled for today, December 5, 2024, at 4:30 p.m. Eastern time. Those interested in participating in the call are invited to dial 1-844-763-8274 or 1-647-484-8814, if calling internationally, approximately 10 minutes prior to the start of the call. A live webcast of the conference call will be available online at: https://corporate.lululemon.com/investors/news-and-events/events-and-presentations . A replay will be made available online approximately two hours following the live call for a period of 30 days. About lululemon athletica inc. lululemon athletica inc. (NASDAQ:LULU) is a technical athletic apparel, footwear, and accessories company for yoga, running, training, and most other activities, creating transformational products and experiences that build meaningful connections, unlocking greater possibility and wellbeing for all. Setting the bar in innovation of fabrics and functional designs, lululemon works with yogis and athletes in local communities around the world for continuous research and product feedback. For more information, visit lululemon.com . Non-GAAP Financial Measures Constant dollar changes and adjusted financial results are non-GAAP financial measures. A constant dollar basis assumes the average foreign currency exchange rates for the period remained constant with the average foreign currency exchange rates for the same period of the prior year. The Company provides constant dollar changes in its results to help investors understand the underlying growth rate of net revenue excluding the impact of changes in foreign currency exchange rates. Adjusted gross profit, gross margin, income from operations, operating margin, income tax expense, effective tax rates, net income, and diluted earnings per share exclude certain inventory provisions, asset impairments, and restructuring costs recognized in relation to lululemon Studio, and the related income tax effects of these items. The Company believes these adjusted financial measures are useful to investors as they provide supplemental information that enable evaluation of the underlying trend in its operating performance, and enable a comparison to its historical financial information. Further, due to the finite and discrete nature of these items, it does not consider them to be normal operating expenses that are necessary to run the business, or impairments or disposal gains that are expected to arise in the normal course of its operations. Management uses these adjusted financial measures and constant currency metrics internally when reviewing and assessing financial performance. The Company's fiscal year ends on the Sunday closest to January 31st of the following year, typically resulting in a 52-week year, but occasionally giving rise to an additional week, resulting in a 53-week year. Fiscal 2023 was a 52-week year while 2024 will be a 53-week year. The expected net revenue increase excluding the 53rd week excludes the expected net revenue for the 53rd week of 2024. This enables an evaluation of the expected year-over-year increase in net revenue based on 52 weeks in each year. The presentation of this financial information is not intended to be considered in isolation or as a substitute for, or with greater prominence to, the financial information prepared and presented in accordance with GAAP. For more information on these non-GAAP financial measures, please see the section captioned "Reconciliation of Non-GAAP Financial Measures" included in the accompanying financial tables, which includes more detail on the GAAP financial measure that is most directly comparable to each non-GAAP financial measure, and the related reconciliations between these financial measures. The Company's non-GAAP financial measures may be calculated differently from, and therefore may not be directly comparable to, similarly titled measures reported by other companies. Forward-Looking Statements: This press release includes estimates, projections, statements relating to the Company's business plans, objectives, and expected operating results that are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. In many cases, you can identify forward-looking statements by terms such as "may," "will," "should," "expects," "plans," "anticipates," "outlook," "believes," "intends," "estimates," "predicts," "potential" or the negative of these terms or other comparable terminology. These forward-looking statements also include the Company's guidance and outlook statements. These statements are based on management's current expectations but they involve a number of risks and uncertainties. Actual results and the timing of events could differ materially from those anticipated in the forward-looking statements as a result of risks and uncertainties, which include, without limitation: the Company's ability to maintain the value and reputation of its brand; changes in consumer shopping preferences and shifts in distribution channels; the acceptability of its products to guests; its highly competitive market and increasing competition; increasing costs and decreasing selling prices; its ability to anticipate consumer preferences and successfully develop and introduce new, innovative and updated products; its ability to accurately forecast guest demand for its products; its ability to expand in light of its limited operating experience and limited brand recognition in new international markets and new product categories; its ability to manage its growth and the increased complexity of its business effectively; its ability to successfully open new store locations in a timely manner; seasonality; disruptions of its supply chain; its reliance on a relatively small number of vendors to supply and manufacture a significant portion of its products; suppliers or manufacturers not complying with its Vendor Code of Ethics or applicable laws; its ability to deliver its products to the market and to meet guest expectations if it has problems with its distribution system; increasing labor costs and other factors associated with the production of its products in South Asia and South East Asia; its ability to safeguard against security breaches with respect to its technology systems; its compliance with privacy and data protection laws; any material disruption of its information systems; its ability to have technology-based systems function effectively and grow its e-commerce business globally; climate change, and related legislative and regulatory responses; increased scrutiny regarding its environmental, social, and governance, or sustainability responsibilities; an economic recession, depression, or downturn or economic uncertainty in its key markets; global or regional health events such as the COVID-19 pandemic and related government, private sector, and individual consumer responsive actions; global economic and political conditions; its ability to source and sell its merchandise profitably or at all if new trade restrictions are imposed or existing trade restrictions become more burdensome; changes in tax laws or unanticipated tax liabilities; its ability to comply with trade and other regulations; fluctuations in foreign currency exchange rates; imitation by its competitors; its ability to protect its intellectual property rights; conflicting trademarks and patents and the prevention of sale of certain products; its exposure to various types of litigation; and other risks and uncertainties set out in filings made from time to time with the United States Securities and Exchange Commission and available at www.sec.gov , including, without limitation, its most recent reports on Form 10-K and Form 10-Q. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as may be required by law. lululemon athletica inc. The fiscal year ending February 2, 2025 is referred to as "2024" and the fiscal year ended January 28, 2024 is referred to as "2023". Condensed Consolidated Statements of Operations Unaudited; Expressed in thousands, except per share amounts Third Quarter First Three Quarters 2024 2023 2024 2023 Net revenue $ 2,396,660 $ 2,204,218 $ 6,976,629 $ 6,414,175 Costs of goods sold 995,054 947,554 2,887,770 2,708,195 Gross profit 1,401,606 1,256,664 4,088,859 3,705,980 As a percentage of net revenue 58.5 % 57.0 % 58.6 % 57.8 % Selling, general and administrative expenses 909,827 842,795 2,624,212 2,407,683 As a percentage of net revenue 38.0 % 38.2 % 37.6 % 37.5 % Impairment of assets and restructuring costs — 74,501 — 74,501 Amortization of intangible assets 1,118 1,253 1,118 5,010 Income from operations 490,661 338,115 1,463,529 1,218,786 As a percentage of net revenue 20.5 % 15.3 % 21.0 % 19.0 % Other income (expense), net 13,743 9,842 55,020 25,229 Income before income tax expense 504,404 347,957 1,518,549 1,244,015 Income tax expense 152,534 99,243 452,336 363,293 Net income $ 351,870 $ 248,714 $ 1,066,213 $ 880,722 Basic earnings per share $ 2.87 $ 1.97 $ 8.57 $ 6.94 Diluted earnings per share $ 2.87 $ 1.96 $ 8.55 $ 6.92 Basic weighted-average shares outstanding 122,697 126,460 124,471 126,892 Diluted weighted-average shares outstanding 122,803 126,770 124,668 127,218 lululemon athletica inc. Condensed Consolidated Balance Sheets Unaudited; Expressed in thousands October 27, 2024 January 28, 2024 October 29, 2023 ASSETS Current assets Cash and cash equivalents $ 1,188,419 $ 2,243,971 $ 1,091,138 Inventories 1,800,893 1,323,602 1,663,617 Prepaid and receivable income taxes 257,388 183,733 300,258 Other current assets 358,589 309,271 309,886 Total current assets 3,605,289 4,060,577 3,364,899 Property and equipment, net 1,697,759 1,545,811 1,413,918 Right-of-use lease assets 1,360,589 1,265,610 1,048,607 Goodwill and intangible assets, net 178,185 24,083 23,912 Deferred income taxes and other non-current assets 241,847 195,860 170,928 Total assets $ 7,083,669 $ 7,091,941 $ 6,022,264 LIABILITIES AND STOCKHOLDERS' EQUITY Current liabilities Accounts payable $ 385,960 $ 348,441 $ 309,324 Accrued liabilities and other 561,615 348,555 392,949 Accrued compensation and related expenses 190,169 326,110 250,479 Current lease liabilities 290,368 249,270 217,138 Current income taxes payable 96,808 12,098 27,231 Unredeemed gift card liability 238,327 306,479 213,256 Other current liabilities 40,286 40,308 37,737 Total current liabilities 1,803,533 1,631,261 1,448,114 Non-current lease liabilities 1,223,733 1,154,012 950,954 Non-current income taxes payable — 15,864 15,864 Deferred income tax liability 33,231 29,522 53,833 Other non-current liabilities 37,440 29,201 27,650 Stockholders' equity 3,985,732 4,232,081 3,525,849 Total liabilities and stockholders' equity $ 7,083,669 $ 7,091,941 $ 6,022,264 lululemon athletica inc. Condensed Consolidated Statements of Cash Flows Unaudited; Expressed in thousands First Three Quarters 2024 2023 Cash flows from operating activities Net income $ 1,066,213 $ 880,722 Adjustments to reconcile net income to net cash provided by operating activities (194,890 ) 31,344 Net cash provided by operating activities 871,323 912,066 Net cash used in investing activities (575,214 ) (445,325 ) Net cash used in financing activities (1,328,510 ) (510,583 ) Effect of foreign currency exchange rate changes on cash and cash equivalents (23,151 ) (19,887 ) Decrease in cash and cash equivalents (1,055,552 ) (63,729 ) Cash and cash equivalents, beginning of period 2,243,971 1,154,867 Cash and cash equivalents, end of period $ 1,188,419 $ 1,091,138 lululemon athletica inc. Reconciliation of Non-GAAP Financial Measures Unaudited; Expressed in thousands, except per share amounts Constant dollar changes The below changes show the change for the third quarter of 2024 compared to the third quarter of 2023. Net Revenue Change Foreign exchange Change in constant dollars United States — % — % — % Canada 9 — 9 Mexico (1) n/a n/a n/a Americas 2 — 2 China Mainland 39 (3 ) 36 Rest of World 27 (4 ) 23 Total international 33 (3 ) 30 Total 9 % (1 )% 8 % Comparable Sales (2) Change Foreign exchange Change in constant dollars Americas (2 )% — % (2 )% China Mainland 27 (3 ) 24 Rest of World 23 (3 ) 20 Total international 25 (3 ) 22 Total 4 % (1 )% 3 % (1) On September 10, 2024, the Company acquired the lululemon branded retail locations and operations run by a third party in Mexico. Wholesale sales to the third party by lululemon athletica canada inc. prior to the acquisition are disclosed as net revenue recognized within Canada. (2) Comparable sales includes comparable company-operated store and e-commerce net revenue. Comparable company-operated stores have been open for at least 12 full fiscal months, or open for at least 12 full fiscal months after being significantly expanded. Comparable company-operated stores exclude stores which have been temporarily relocated for renovations or have been temporarily closed. Adjusted financial measures The following tables reconcile adjusted 2023 financial measures with the most directly comparable measures calculated in accordance with GAAP. The adjustments relate to certain inventory provisions, asset impairments, and restructuring costs recognized in relation to lululemon Studio and their related tax effects. Please refer to Note 4. Impairment of Assets and Restructuring Costs included in Item 1 of Part I of the Company's Report on Form 10-Q to be filed with the SEC on or about December 5, 2024 for further information on the nature of these amounts. Third Quarter 2023 Gross Profit Gross Margin Income from Operations Operating Margin Income Tax Expense Effective Tax Rate Net Income Diluted Earnings Per Share GAAP results $ 1,256,664 57.0 % $ 338,115 15.3 % $ 99,243 28.5 % $ 248,714 $ 1.96 lululemon Studio charges: lululemon Studio obsolescence provision 23,709 1.1 23,709 1.1 23,709 0.19 Impairment of assets 44,186 2.0 44,186 0.35 Restructuring costs 30,315 1.4 30,315 0.24 Tax effect of the above 26,085 (0.4 ) (26,085 ) (0.21 ) 23,709 1.1 98,210 4.5 26,085 (0.4 ) 72,125 0.57 Adjusted results (non-GAAP) $ 1,280,373 58.1 % $ 436,325 19.8 % $ 125,328 28.1 % $ 320,839 $ 2.53 First Three Quarters 2023 Gross Profit Gross Margin Income from Operations Operating Margin Income Tax Expense Effective Tax Rate Net Income Diluted Earnings Per Share GAAP results $ 3,705,980 57.8 % $ 1,218,786 19.0 % $ 363,293 29.2 % $ 880,722 $ 6.92 lululemon Studio charges: lululemon Studio obsolescence provision 23,709 0.3 23,709 0.3 23,709 0.19 Impairment of assets 44,186 0.7 44,186 0.35 Restructuring costs 30,315 0.5 30,315 0.24 Tax effect of the above 26,085 (0.2 ) (26,085 ) (0.21 ) 23,709 0.3 98,210 1.5 26,085 (0.2 ) 72,125 0.57 Adjusted results (non-GAAP) $ 3,729,689 58.1 % $ 1,316,996 20.5 % $ 389,378 29.0 % $ 952,847 $ 7.49 Expected net revenue increase excluding the 53rd week The Company's fiscal year ends on the Sunday closest to January 31st of the following year, typically resulting in a 52-week year, but occasionally giving rise to an additional week, resulting in a 53-week year. Fiscal 2023 was a 52-week year while 2024 will be a 53-week year. Fourth Quarter 2024 Fiscal 2024 Expected net revenue increase 8% to 10% 9% Impact of 53rd week (5)% to (6)% (2)% Expected net revenue increase excluding the 53rd week (non-GAAP) 3% to 4% 7% lululemon athletica inc. Company-operated Store Count and Square Footage (1) Square footage expressed in thousands Number of Stores Open at the Beginning of the Quarter Number of Stores Opened During the Quarter Number of Stores Closed During the Quarter Number of Stores Open at the End of the Quarter 4 th Quarter 2023 686 26 1 711 1 st Quarter 2024 711 5 5 711 2 nd Quarter 2024 711 11 1 721 3 rd Quarter 2024 721 28 — 749 Total Gross Square Feet at the Beginning of the Quarter Gross Square Feet Added During the Quarter (2) Gross Square Feet Lost During the Quarter (2) Total Gross Square Feet at the End of the Quarter 4 th Quarter 2023 2,797 173 3 2,967 1 st Quarter 2024 2,967 35 14 2,988 2 nd Quarter 2024 2,988 90 3 3,075 3 rd Quarter 2024 3,075 156 — 3,231 (1) (2) View source version on businesswire.com : https://www.businesswire.com/news/home/20241205433612/en/ CONTACT: Investor Contacts: lululemon athletica inc. Howard Tubin 1-604-732-6124 or ICR, Inc. Joseph Teklits/Caitlin Churchill 1-203-682-8200 Media Contact: lululemon athletica inc. Madi Wallace 1-604-732-6124 KEYWORD: NORTH AMERICA CANADA INDUSTRY KEYWORD: FASHION ONLINE RETAIL RETAIL HEALTH OTHER RETAIL FITNESS & NUTRITION SPECIALTY SOURCE: lululemon athletica inc. Copyright Business Wire 2024. PUB: 12/05/2024 04:05 PM/DISC: 12/05/2024 04:06 PM http://www.businesswire.com/news/home/20241205433612/en

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CHARLOTTE Crosby has been left heartbroken following the death of her grandma. The reality star, 34, paid tribute to her dad’s mother, who passed away on Boxing Day – leaving the family bereft. Sharing a picture of them together with her daughter Alba, Charlotte shared: “We lost an amazing woman last night, kind, wonderful and the most loving family member. “Always incredibly proud of me and my achievements! And always the very first to boast about me. I will never forget how much she supported me so dearly! We will miss you so much, She loved little Alba so much!” Charlotte’s dad Gary revealed today would have been his mother’s birthday as he shared his own touching words about the loss. In a heartbreaking post, he wrote: “My Mam would have been 80 today, she passed away last night. Read More on Charlotte Crosby “I’m swept away with grief and sadness. I was very close to my Mam, she was just the best Mam anyone could have. She loved Christmas and she made ours when we were kids so very special and memorable. "A kind, generous and gentle little lady. A mother, grandmother and great grandmother. Also a true friend to many that she knew. “She had problems in later life with terrible arthritis and challenging mental health , but she never lost her friendly smile and loving nature.” He added: “Mam, you were so much more than everything.” Most read in Reality Charlotte's fresh heartbreak comes just weeks after her home was burgled which left the TV star terrified. The frightening ordeal occurred last month when Charlotte was upstairs with Alba in their £1 million Sunderland home. Her fiancé Jake , 33, revealed on social media that a gang of masked robbers armed with machetes stormed inside their stunning mansion. The TV personality, who is expecting her second child next month, was rushed to hospital shortly afterwards where it was revealed she had a urine infection.Billionaires' Wealth More Than Doubles In 10 Years: UBS

DURHAM, N.C. — Duke's Cooper Flagg knows what's coming from older and stronger defenders. So too does Auburn coach Bruce Pearl when it comes to the pressure facing his frontcourt star, Johni Broome. On Wednesday night, the two preseason Associated Press All-Americans headlined a heavyweight matchup worthy of March, though from very different positions: Flagg as the 17-year-old touted freshman mentioned as a possible No. 1 overall NBA draft pick long before showing up on campus, Broome as the 22-year-old fifth-year senior who started his career at a mid-major. Yet they're each shouldering the burden of top billing on a team with national title aspirations, all on display as the ninth-ranked Blue Devils beat the second-ranked Tigers 84-78 in the ACC/SEC Challenge. The 6-foot-9, 205-pound Flagg finished with a game-high 22 points and 11 rebounds with four assists, three steals and two blocks. The 6-10 240-pound Broome had 20 points, 12 rebounds and three assists before fouling out late. They didn't match up directly, but remained the gravitational force at the center of everything — from offensive plans to collapsing defenses — all the same. For Flagg, it was sign of big-game growth after late stumbles in losses to Kentucky and Kansas, along with handling the physical play of the Tigers. "That's something I'm going to start to see more and more," Flagg said. "It's definitely going to be a game plan for the other team, just to try and be physical with me. I think that's something that I've been dealing with since I was in sixth, seventh grade. People look at me and think they can just out-tough me, be more physical with me, and it would take me out the game. "But I've just got to keep playing through it, keep learning how to use that against them and just keep getting better." He did that against the veteran-laden Tigers, scoring 16 points and drawing seven fouls while getting to the line nine times after halftime. He felt several of those, too, such as Chaney Johnson's off-ball bump that knocked him to the hardwood midway through the second half and left him wincing. "I told him all week: 'They're going at you the whole time,'" junior teammate Tyrese Proctor said. "They had a couple of dirty plays. I just told him to keep his head composed and poised and just trust himself." Flagg pushed through regardless and showed some of his smooth moves, particularly in the second half. A dribble drive into the lane for a fallaway jumper over 6-11 big man Dylan Cardwell; pouncing on a defensive switch to drive and easily score over 6-4 guard Denver Jones; a spinning drop-step score in the paint while being fouled, leaving Pearl staring at officials and pointing to the Tigers' end of the court about an earlier no-call. Flagg also had no turnovers in his 37 minutes, a reversal after losing late turnovers in the losses to the Wildcats and Jayhawks. "To be able to coach him, he never fights you," Duke coach Jon Scheyer said. "He just never fights you. In a game, you can get on him. In practice he's always wanting to get better and in every aspect of his game. "I've always felt like Cooper's a one-time guy. He needs to experience something one time to get adjusted." As for Broome, he was coming off a dominating run through the Maui Invitational that made him the AP men's college basketball national player of the week Tuesday. Auburn also jumped two spots in Monday's latest AP Top 25, erasing nearly all of top-ranked Kansas' previous margin on the No. 2-ranked team. And that made the Tigers just the second top-2 nonconference team to play in Cameron Indoor Stadium since 1965 and first since top-ranked Michigan's "Fab Five" lost here December 1992 — exactly 32 years ago Thursday. Broome, who played his first two college seasons at Morehead State, offered matchup concerns with his ability to handle the ball on the perimeter, alter shots and attack the glass. And he was unbothered by the hostility of Duke's famously rambunctious "Cameron Crazies" fans, staring at them through much of pregame warmups with a grin and even laughing multiple times. He didn't shoot well early (2 for 9 in the first half) but started thriving in the pick-and-roll after halftime with Duke's defense stretched by Auburn's 3-point shooters. He nearly had a double-double in the second half (15 points, nine rebounds), including when he finished at the rim through Mason Gillis' foul and knocked Gillis to the ground — then gave him a lengthy stare as he stood over him. Broome led the Tigers until fouling out with 15 seconds left with Blue Devils fans starting to chant "Our house! Our house!" to mark another home win in their famed arena. He never flinched, even in the face of Auburn's first loss. "I think he's handled (the pressure) really well," Pearl said. "One of the reasons our team has played well so far this year is Johni's been a tremendously consistent player. Clearly a (national) player of the year candidate. If our team continues to win, he's our best player. ... He's able to do it on both ends, and he's able to do it inside and out." Get local news delivered to your inbox!A unidade de Friendly Hackers da Thales inventa um metamodelo para detectar imagens deepfake geradas por IA

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In their final fixture of 2024, Kai Havertz scored the only goal of the game midway through the opening period. Arsenal’s victory takes them back to within six points of leaders Liverpool, having played one match more than the Reds, and a point clear of Chelsea following their Boxing Day defeat to Fulham. Ipswich, although much improved in the second half, have now lost five of their last six games, and remain just one place off the bottom of the table, three points away from safety. Mikel Arteta’s men have been rocked by Bukayo Saka’s hamstring injury which could keep the England winger, who has nine goals and 13 assists this season, out of action for the next two months. Gabriel Martinelli was handed the unenviable task of filling Saka’s shoes on Arsenal’s right-hand side and the Brazilian was involved in the only goal of the evening. The Ipswich defence failed to deal with Martinelli’s cross, with the ball falling to Leandro Trossard on the opposite side of the area. Trossard fought his way to the byline before fizzing his cross into the box for Havertz to convert from a matter of yards. It was Havertz’s third goal in four matches, his 12th of the season, and no less than the hosts, who at that stage of the match had enjoyed a staggering 91.4 per cent of the possession, deserved. Heading into Friday’s fixture, Arsenal had lost only one of their last 75 Premier League games when they had opened the scoring, and their triumph here rarely looked in doubt following Havertz’s strike. Havertz thought he had doubled Arsenal’s lead with 34 minutes gone when he converted Gabriel Jesus’ cross. But Jesus – handed his third successive start for the first time in a year – strayed into an offside position in the build-up. When referee Darren England blew for half-time, Ipswich had failed to touch the ball in Arsenal’s box, becoming just the second side to do so in the Premier League this season. Nottingham Forest were the other, away at Liverpool, before they went on to inflict Arne Slot’s sole defeat of his tenure so far. And for all of Arsenal’s possession, while they held just a one-goal advantage, Ipswich knew they were still in the game. An encouraging start to the second half for the Tractor Boys ensued, albeit without testing David Raya in the Arsenal goal. Shortly after the hour mark, Gabriel should have settled any growing Emirates nerves when he arrived unmarked to Declan Rice’s corner, but the defender headed wide of Arijanet Muric’s post when it looked easier to score. Martin Odegaard then forced a fine fingertip save from Muric at his near post after a mazy run and shot from the Arsenal skipper. Rice’s stinging goal-bound volley from the following corner was blocked by Dara O’Shea as Arsenal pushed for a game-killing second. Havertz should have tapped home Trossard’s header but he fluffed his lines. And moments later, substitute Mikel Merino’s effort was diverted from danger by a diving Muric. Ipswich looked to catch Arsenal on the counter, but the match ended without them registering a single effort on Raya’s goal. Ipswich fans goaded their opponents with chants of “boring, boring Arsenal”, but it was the Gunners who enjoyed the last laugh as they saw out 2024 with a win which keeps the pressure on Liverpool.I Am Loading Up On This Fat 11% Yield: Apollo Commercial