---
schema_version: "secwatch.filing_event.v1"
accession: "0001397187-26-000077"
form_type: "8-K"
ticker: "LULU"
cik: "0001397187"
company_name: "lululemon athletica inc."
filed_at: "2026-06-04T20:09:31+00:00"
generated_at: "2026-06-04T20:38:54.052017+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Lululemon Q1 EPS $1.69 vs $2.60 YoY; guides FY revenue down 0-1%

## Summary
- 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.

## SEC filing metadata
- accession: 0001397187-26-000077
- form_type: 8-K
- ticker: LULU
- cik: 0001397187
- company_name: lululemon athletica inc.
- filed_at: 2026-06-04T20:09:31+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397187/000139718726000077/0001397187-26-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397187/000139718726000077/lulu-20260604.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001397187-26-000077
- JSON: https://secwatch.observer/filing/0001397187-26-000077.json
- Plain text: https://secwatch.observer/filing/0001397187-26-000077.txt

## Key facts
- Earnings Releases
  lululemon athletica inc. reported the first quarter ended May 3, 2026 results: revenue $2.5 billion, EPS $1.69. Guidance lowered.
  - Period: the first quarter ended May 3, 2026
  - Revenue: $2.5 billion
  - EPS: $1.69
  - Guidance: lowered
  - Result: reported results
  source text: --- EX-99.1 2 lulu-20260503xex991.htm EARNINGS RELEASE Document Exhibit 99.1 LULULEMON ATHLETICA INC. ANNOUNCES FIRST QUARTER FISCAL 2026 RESULTS Revenue increased 4% to $2.5 billion, or increased 2% on a constant dollar basis Comparable sales increased 1%, or decreased 2% on a constant dollar basis Diluted EPS of $1.69 Vancouver, British Columbia – June 4,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397187/000139718726000077/0001397187-26-000077-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.