How much has Lululemon stock lost year-to-date?

The stock had lost nearly 40% year-to-date before the earnings announcement.

What is Lululemon's annual revenue guidance range?

The company expects revenue between $11.0 billion and $11.15 billion for fiscal 2026.

Did Q1 earnings beat expectations?

Yes, EPS came in at an estimated $2.54 versus the consensus of $2.38.

Lululemon Slumps on Earnings; Weak Guidance Dents Recovery Hopes

Lululemon Athletica reported better-than-expected fiscal Q1 earnings, but its full-year guidance disappointed investors. The stock, already down 40% year-to-date, extended its decline.

June 5, 2026

2 min read

Source: Barrons.com

Key Numbers

eps guidance low

10.95

eps guidance high

11.15

revenue guidance low

11B

revenue guidance high

11.15B

ytd decline

40%

Lululemon Athletica (ticker: LULU) reported fiscal first-quarter earnings after the bell Thursday that beat analyst estimates, but the company's weak full-year outlook overshadowed the solid quarter. The stock, which had already fallen nearly 40% year-to-date, continued its slide.

Key Financial Results

Metric	Q1 2026	Consensus
Revenue	Not disclosed	-
EPS	$2.54 (est.)	$2.38

Note: Barron's article did not provide actual revenue or net income figures, focusing instead on guidance.

Highlights from the Report

Q1 earnings exceeded Wall Street expectations.
However, the full-year guidance came in below consensus.

Future Guidance

For fiscal 2026, Lululemon expects:

EPS between $10.95 and $11.15.
Revenue of $11.0 billion to $11.15 billion, implying flat to 1% decline.

Impact on the Stock

Shares of LULU fell over 10% in after-hours trading, extending the year-to-date decline of nearly 40%. Bargain hunters hoping for a bottom were disappointed as the guidance offered no catalysts for a rebound.

What This Means for Investors

While the Q1 beat is positive, the full-year guidance signals a slowdown and potential revenue contraction. This weakens the case for buying the dip, especially amid ongoing competitive pressures and shifting consumer spending patterns.

Frequently Asked Questions

Because the company's full-year guidance was weaker than expected, forecasting flat to 1% revenue decline, which raised concerns about future growth.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.