Earnings call briefSecond-quarter 2026
Lululemon Athletica lowers 2026 guidance, now expects revenue down 5% to 7%
Lululemon Athletica expects third-quarter revenue of $2.29 billion to $2.32 billion, a decline of 10% to 11%.
GetSignal Lululemon Athletica LULU
Lululemon Athletica said on its second-quarter call that it now expects full-year 2026 revenue of $10.35 billion to $10.5 billion, down 5% to 7% relative to 2025. It also said it expects third-quarter EPS of $0.93 to $0.98, versus $2.59 a year ago. It said its full-year EPS range of $9.48 to $9.73 includes a $0.86 benefit from second-quarter tariff refunds, but not further refunds this year or future repurchases.
Quotes from the call
“We now expect revenue to be in the range of $10.35 billion to $10.5 billion, down 5% to 7% relative to 2025.”
“For Q3, we expect revenue in the range of $2.29 billion to $2.32 billion, representing a decline of 10% to 11%.”
Key facts from the call
- Third-quarter revenue outlook
- $2.29 billion to $2.32 billion, a decline of 10% to 11%
- Third-quarter EPS outlook
- $0.93 to $0.98, versus $2.59 a year ago
- Full-year 2026 revenue outlook
- $10.35 billion to $10.5 billion, down 5% to 7% relative to 2025
- Full-year 2026 EPS outlook
- $9.48 to $9.73, versus $13.26 in 2025
Source: Lululemon Athletica's second-quarter 2026 earnings call, September 3, 2026.
Written by GetSignal with AI from the company's earnings call.
Not investment advice.
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