lululemon athletica · Q1 2026 · June 4, 2026
lululemon athletica (LULU) Q1 2026 Earnings: Americas Weakness, Margin Pressure & Lower Outlook
A structured quarterly research file based on the earnings release and cited primary documents. Consensus, transcript, Q&A, and price-reaction fields are shown only when verified data are available.
Year over year: +4%
Reported result
Reported result
Investment read
Revenue: $2.5B revenue, up 4% year over year Profitability: $1.69 diluted EPS, down from $2.60 in the prior-year quarter, with gross margin down 410 basis points to 54.2% The next research checkpoint is the forward guide is the main post-earnings valuation reset.
Results check
Reported results
| Metric | Reported | YoY |
|---|---|---|
| Revenue | $2.5BRevenue: $2.5B revenue, up 4% year over year Source | +4% |
| Profitability | $1.69Profitability: $1.69 diluted EPS, down from $2.60 in the prior-year quarter, with gross margin down 410 basis points to 54.2% Source | — |
| Guidance | $11.0BGuidance: 2026 net revenue guidance was lowered to $11.0B-$11.15B, representing a decline of 1% to flat Source | — |
Investor focus
What investors are likely to focus on
Potential result drivers
- Revenue: $2.5B revenue, up 4% year over year
- Profitability: $1.69 diluted EPS, down from $2.60 in the prior-year quarter, with gross margin down 410 basis points to 54.2%
- Guidance: 2026 net revenue guidance was lowered to $11.0B-$11.15B, representing a decline of 1% to flat
Verified after-hours, next-day, and benchmark-relative price data are not stored in this record. The factors above are research considerations, not a measured attribution of the stock move.
Next quarter
What to watch next
| Indicator | Current baseline | Next check | Source |
|---|---|---|---|
| Revenue | $2.5B | comparable sales increased 1%, but Americas comparable sales decreased 5% | Primary source |
| Profitability | $1.69 | The profit line has to be read with margin quality, cash flow, and any one-time factors. | Primary source |
| Guidance | $11.0B | The forward guide is the main post-earnings valuation reset. | Primary source |
Primary documents
Sources and documents
FAQ
Reader questions
What did lululemon athletica report for Revenue?
Revenue: $2.5B revenue, up 4% year over year
What did lululemon athletica report for Profitability?
Profitability: $1.69 diluted EPS, down from $2.60 in the prior-year quarter, with gross margin down 410 basis points to 54.2%
What did lululemon athletica report for Guidance?
Guidance: 2026 net revenue guidance was lowered to $11.0B-$11.15B, representing a decline of 1% to flat