earnings
confidence high
sentiment negative
materiality 0.80
Lululemon Q1 EPS $1.69 vs $2.60 YoY; guides FY revenue down 0-1%
lululemon athletica inc.
2026-Q1 EPS
reported $1.69
vs consensus $4.88
▼ miss
(-65.3%)
- Revenue $2.5B (+4% YoY); diluted EPS $1.69 vs $2.60; gross margin fell 410 bps to 54.2%.
- Americas revenue -3%; international +22% (constant dollar). Comparable sales +1% overall.
- Q2 FY2026 revenue guided $2.45-2.475B (decline 3-2%); EPS $1.76-1.81.
- Full-year FY2026 revenue guided $11.0-11.15B (decline 1-0%); EPS $10.95-11.15.
- Repurchased 2.2M shares for $358.3M in Q1; inventories up 2% to $1.7B.