Summary by Futu AI
FMR LLC, a parent holding company, has filed an amended Schedule 13G/A with the Securities and Exchange Commission, disclosing a 9.083% ownership stake in Lululemon Athletica Inc. This represents a total of 10,687,865 shares in the company. The filing, dated October 4, 2024, indicates that FMR LLC has sole power to dispose or direct the disposition of these shares. Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, and through the Johnson family's ownership of voting common shares, may be deemed to have a controlling influence over FMR LLC. The filing asserts that the shares were acquired in the ordinary course of business and not for the purpose of changing or influencing the control of Lululemon Athletica Inc. The filing includes a certification by Stephanie J. Brown, duly authorized under Power of Attorney, confirming the accuracy and completeness of the information provided.