Lululemon Reports Q2 GAAP Earnings Beat but Revenue Misses Estimates
Lululemon (NASDAQ:LULU) reported second-quarter earnings per share of $2.92, which exceeded analysts' expectations by $1.13. However, the company's revenue came in at $2.42 billion, missing estimates by $40 million and declining 3.2% year-over-year. Despite strong profitability, Lululemon faced challenges with sales growth during the quarter. Looking ahead to Q3 of fiscal 2026, the company expects net revenue between $2.29 billion and $2.32 billion. This outlook suggests cautious optimism amid ongoing market pressures.
Tickers: $LULU
Topics: Earnings EPS Beat Revenue Miss