lululemon reports Q2 revenue decline and cuts full-year outlook
Filed with the SEC on · Summarized by InvestorsBot
lululemon’s second-quarter revenue fell 4% to $2.4 billion, comparable sales declined 9%, and diluted EPS decreased to $2.92 from $3.10, including a $0.86-per-share benefit from $134.5 million in tariff refunds and related interest. The company now expects 2026 revenue of $10.35 billion to $10.50 billion and diluted EPS of $9.48 to $9.73; it also repurchased 2.7 million shares for $330 million and opened nine net stores, ending the quarter with 825 locations.