NASDAQ$LULU

Lululemon Athletica Inc · Q2 2026 earnings

Q2 2026 earnings · · After market close · Investor relations

Briefing

LULU Q2 2026 — $2.5M revenue, 3.10 EPS

The unaudited interim consolidated financial statements, including the financial position as of August 3, 2025 and the results of operations and cash flows for the periods disclosed, are presented in . Lululemon Athletica Inc reported Q2 2026 results. Diluted EPS came in at $3.10. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $2.5M.
  • Diluted EPS: $3.10.
  • Operating income: $524K.
  • Gross profit: $1.5M.

Headline financials

Total Revenue

$2.53B

No prior period
EPS (adj)

$3.10

No prior period
Capital Expenditures

-$330M

No prior period
Free Cash Flow

$40.7M

No prior period
Net Income

$371M

No prior period
Operating Income

$524M

No prior period
Gross Profit

$1.48B

No prior period

Revenue & EPS history

Lululemon · Revenue · Quarterly

$2.53B

Q2 2026
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

Lululemon lowered its full-year revenue and earnings guidance, citing continued U.S. weakness and headwinds from tariffs.

Tailwinds

  • Strong international growth momentum
  • Brand strength and balance sheet remain solid
  • Q2 EPS beat expectations
  • Strategic investments underway to optimize product mix
  • Continued store expansion with 15 new openings in Q2

Headwinds

  • Revenue missed Q2 guidance
  • Full-year revenue guidance lowered to $10.85B–$11.0B
  • Expected $240M gross profit reduction due to tariffs
  • Operating margin declined YoY
  • U.S. comparable sales decreased 4%

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2026

Historical avgQ2 2026

+3.1%

Avg return

Earnings day

+2.2%

Avg return

5 days after

+3.7%

Avg return

30 days after

60%

38 / 63 earnings

Positive

+23.3%

Q3 2010

Best reaction

-20.3%

Q4 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2025-2.1%+3.2%+5.0%
Q3 2026+0.6%+11.2%+9.0%
Q2 2026-4.9%-20.5%-14.8%
Q1 2025+0.0%+1.9%+0.5%
Q4 2024-14.2%-17.2%-21.6%
Q3 2024+16.7%+16.0%+10.5%
Q2 2024+0.2%-0.3%+8.2%
Q1 2024+5.3%+3.7%-2.8%
Q4 2023-14.0%-17.7%-24.9%
Q3 2023+6.3%+9.3%+6.6%
Q2 2023+7.3%+6.7%+2.4%
Q1 2023+10.1%+7.3%+14.0%
Q4 2022+13.8%+14.8%+19.2%
Q3 2022-12.3%-12.4%-11.6%
Q2 2022+4.7%+9.3%-6.8%
Q1 2022+3.7%+5.6%-9.2%
Q4 2021+13.6%+10.7%+9.2%
Q3 2021-3.9%-7.3%-16.6%
Q2 2021+8.9%+10.0%+2.8%
Q1 2021+2.7%+3.2%+14.9%
Q4 2020-3.0%-4.8%+8.5%
Q3 2020-5.3%-2.1%+0.5%
Q2 2020-10.4%-13.3%-6.5%
Q1 2020-8.3%-3.9%-2.7%
Q4 2019-2.5%-2.1%+10.8%
Q3 2019-2.3%-1.9%+2.3%
Q2 2019+12.4%+7.0%+6.9%
Q1 2019+1.7%+6.8%+10.4%
Q4 2018+16.7%+15.3%+23.4%
Q3 2018-14.8%-12.6%-3.8%
Q2 2018+11.7%+13.4%+17.2%
Q1 2018+15.7%+17.4%+18.2%
Q4 2017+7.0%+10.9%+22.5%
Q3 2017+8.5%+11.0%+19.7%
Q2 2017+7.1%+6.9%+8.1%
Q1 2017+12.5%+7.8%+23.6%
Q4 2016-20.3%-20.0%-18.3%
Q3 2016+20.3%+21.8%+19.3%
Q2 2016-10.4%-11.5%-20.3%
Q1 2016+6.1%+3.0%+12.6%
Q4 2015+10.6%
Q3 2015-11.9%
Q2 2015-15.7%
Q1 2015+8.5%
Q4 2014+5.5%
Q3 2014+13.4%
Q2 2014+17.7%
Q1 2014-15.1%
Q4 2013+7.6%
Q2 2013-0.9%
Q1 2013-16.7%
Q4 2012-2.4%
Q3 2012+5.7%
Q2 2012+11.7%
Q1 2012-7.5%
Q1 2011+2.4%
Q4 2011-4.4%
Q4 2009-4.8%
Q3 2011+23.3%
Q3 2010+23.3%
Q4 2010+19.0%
Q2 2010+19.0%
Q2 2011+19.0%

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