lululemon athletica First Quarter 2026 Earnings: In Line With Expectations

lululemon athletica (NASDAQ:LULU) First Quarter 2026 Results

Key Financial Results

• Revenue: US$2.37b (up 7.3% from 1Q 2025).
• Net income: US$314.6m (down 2.1% from 1Q 2025).
• Profit margin: 13% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses.
• EPS: US$2.61.

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All figures shown in the chart above are for the trailing 12 month (TTM) period

lululemon athletica Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in the US.

Performance of the American Luxury industry.

The company's shares are down 20% from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on lululemon athletica's balance sheet health.

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