Lululemon Athletica (LULU)
NASDAQ:LULU
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Earnings Data
Report Date
Aug 27, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.83Last Year’s EPS
3.1Same Quarter Last Year
Based on 21 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call reflects a mixed but deteriorating near-term outlook: meaningful operational positives (rapid product cadence improvements, strong China growth, digital strength, inventory units down, community activations and buybacks) are outweighed by immediate demand softness in North America, negative brand/headline impacts, margin compression from tariffs and markdowns, higher SG&A and lowered EPS/revenue guidance. Management is executing remediation actions (marketing, faster chase, SKU rationalization, enterprise efficiencies), but the current guidance and Q1 results indicate notable near-term challenges.Company Guidance
Strong China Growth
China Mainland revenue increased 30% (23% constant currency) in Q1 with comparable sales up 13%; company continues to expect ~20% growth for full year and Q2 growth in the mid- to high-teens.
Digital and Category Strength
Digital revenue grew 4% and represented $1.0 billion or 40% of total revenue in Q1; men's revenue +7% and women's revenue +4% year-over-year.
Successful Product Franchises & Community Activations
Positive guest response to run franchises (Fast & Free), Swiftly, Metal Vent, Daydrift and Define; high engagement from events including SeaWheeze (near-instant sellout), Great Wall yoga (2,000+ guests) and marathon/run activations.
Inventory and Replenishment Improvements
Inventory units down ~4% YoY, enabling faster "chase" strategy (chasing 20% more volume vs. prior year) and reduced mainline product development cycle from 18-24 months to 15-16 months with a target of 12-14 months.
Store Fleet Growth and Visual Merchandising Shift
Ended Q1 with 816 stores and square footage up 11% YoY; testing less-dense in-store presentation with ~15% fewer SKUs to highlight new styles and reduce markdown activity.
Healthy Balance Sheet & Shareholder Returns
Cash and equivalents of $1.5 billion, ~$600 million available capacity on revolver, repurchased ~2.2 million shares in Q1 at average $165 and ~$1 billion remaining on buyback program.
Operational Investments and Long-Term Initiatives
Enterprise enablement initiatives underway (supply-chain optimization, procurement, AI/automation); full-year capex guidance $700M–$720M to support DC, stores and technology investments.
LULU Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
LULU Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jun 04, 2026 | $124.92 | $114.23 | -8.56% |
Mar 17, 2026 | $159.27 | $165.39 | +3.84% |
Dec 11, 2025 | $187.01 | $204.97 | +9.60% |
Sep 04, 2025 | $206.09 | $167.80 | -18.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Lululemon Athletica (LULU) report earnings?
Lululemon Athletica (LULU) is schdueled to report earning on Aug 27, 2026, After Close (Confirmed).
What is Lululemon Athletica (LULU) earnings time?
Lululemon Athletica (LULU) earnings time is at Aug 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is LULU EPS forecast?
LULU EPS forecast for the fiscal quarter 2026 (Q2) is 1.83.
