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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