LULU earnings — 2026-09-03

Lululemon reported second-quarter fiscal 2026 results after the close on September 3: revenue down 4% to $2.4 billion (5% on a constant-dollar basis), comparable sales down 9%, and diluted EPS of $2.92 (company press release; CNBC). The company cut its full-year outlook — CNBC cites revised sales guidance of $11–11.15 billion and EPS guidance of $9.48–$9.73, down from prior guidance; Yahoo Finance's recap separately cites a wider cut to $10.35–$10.5 billion. Yahoo Finance also reported a 20% drop in legging sales and attributed the miss to weakness in North America and China. Management and coverage tied the results to competitive pressure and macroeconomic headwinds.

Yahoo Finance's same-day quote-page item described shares as down "nearly 20% in premarket trading" immediately after the release — that is a pre-close intraday snapshot, not the settled result. LULU's settled close was $100.61, down 17.38% on the day on 8.69x average volume, RSI 31.8 in a strong-down trend, with a death cross already in place (settled close, 2026-09-04, the session following the after-market print).

Sources

• Q2 fiscal 2026 results (revenue, comparable sales, EPS) and lowered outlook: lululemon athletica inc. press release, 2026-09-03, via latest
• Revenue decline, EPS, and guidance cut: CNBC, 2026-09-03, same pull
• Legging-sales decline and North America/China weakness; premarket reaction: Yahoo Finance, 2026-09-03/09-04, same pull
• Settled price, volume, RSI and trend: consumer