U.S. Markets

Lululemon (LULU) Q2 2026 (USD): EPS 2.92 (exp. 1.79), Revenue 2.4bln (exp. 2.46bln)

StockNow breaking-news AI analysis

Lululemon beat Q2 EPS via tariff refunds but missed revenue with steep comparable sales drops, while lowering Q3 and full-year guidance well below analyst expectations.

News detail

EPS includes USD 0.86 per share related to tariff refunds and associated interest, net of tax. Operating income 453.7mln (exp. 286.2mln). Comparable sales -9% (exp. -4.7%). Americas comparable sales -12%. Outlook FY net revenue 10.35-10.50bln (exp. 11.0bln, prev. 11.0-11.15bln). FY EPS 9.48-9.73 (exp. 10.84, prev. 10.95-11.15). Q3 EPS 0.93-0.98 (exp. 2.40). Q3 revenue 2.29-2.32bln (exp. 2.53bln).

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