NASDAQ$LULU

Lululemon Athletica Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

LULU Q3 2026 — $2.6M revenue, 2.59 EPS

The unaudited interim consolidated financial statements, including the financial position as of November 2, 2025 and the results of operations and cash flows for the periods disclosed, are presented i. Lululemon Athletica Inc reported Q3 2026 results. Diluted EPS came in at $2.59. Headline numbers extracted from the Form 10-Q press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $2.6M.
  • Diluted EPS: $2.59.
  • Operating income: $436K.
  • Gross profit: $1.4M.

Headline financials

Total Revenue

$2.57B

No prior period
EPS (adj)

$2.59

No prior period
Capital Expenditures

-$498M

No prior period
Free Cash Flow

-$191M

No prior period
Net Income

$307M

No prior period
Operating Income

$436M

No prior period
Gross Profit

$1.43B

No prior period

Revenue & EPS history

Lululemon · Revenue · Quarterly

$2.57B

Q3 2026
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Forward guidance

Lululemon expects Q4 revenue to decline slightly due to the prior year’s 53rd week, but forecasts adjusted growth of 2% to 4%. EPS is projected between $4.66 and $4.76.

Tailwinds

  • Revenue growth of 2% to 4% expected in Q4 when adjusted for 53rd week
  • FY25 EPS forecast raised to $12.92–$13.02
  • Strong performance expected in China Mainland with up to 25% growth
  • Continued investment in international expansion
  • Healthy cash position of over $1 billion

Headwinds

  • Reported Q4 revenue may show a decline due to absence of 53rd week
  • Americas revenue remains under pressure
  • Operating income expected to be reduced by $210 million due to tariffs
  • Gross margin under pressure from higher costs
  • Limited mitigation of tariff impact despite vendor savings and pricing actions

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 Q3 2026

Historical avgQ3 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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