LULU vs NKE

Over the past 90 days, both Nike and Lululemon have filed no cyber-related 8-K disclosures, indicating neither company has reported material cybersecurity incidents to the SEC during this window. Neither company shows signs of acute cyber risk based on recent mandatory disclosures. The material difference between the two emerges in general red-flag activity: Nike has filed zero red-flag 8-Ks, while Lululemon filed one red-flag 8-K related to officer departure, which warrants examination to determine whether the departure signals underlying operational or governance issues. Lululemon merits deeper review given the officer departure disclosure, as executive transitions can indicate broader management instability or strategic disagreements not immediately apparent from a single filing. Full context on both companies' risk profiles over the prior 12 months is available in $49 Reports on each, which surface material events and trends this 90-day window misses.