Lululemon set to report Q1 2026

Lululemon is due to report first-quarter 2026 results after the market closes on Thursday, June 4, according to the company’s investor relations calendar. The setup into the release is cautious: analyst estimates compiled by market data services point to slower revenue growth and a sharp year-over-year drop in earnings per share. The stock is entering the print after a steep selloff that pushed it to a 52-week low on June 3. Investors are likely to focus not only on the quarter, but also on whether management changes its outlook for the rest of fiscal 2026. ### When does Lululemon report, and what exactly is on the calendar? Lululemon lists “Q1 2026 Results” for June 4, 2026 on its events and presentations page, with a webcast linked from the investor site. Third-party earnings calendars including TipRanks and MarketBeat also show a June 4 report date, with the release expected after the close. (corporate.lululemon.com) The company used the same cadence last year, reporting first-quarter 2025 results on June 5, 2025. That makes Thursday’s event the next formal checkpoint for management’s sales, margin and demand commentary. ### What are analysts expecting from the quarter? Analysts expect Lululemon to post about $2.43 billion in first-quarter revenue and earnings per share of $1.68, according to estimates cited by TradingView and reflected in other earnings trackers. (corporate.lululemon.com) Zacks separately lists a consensus EPS estimate of $1.67, while TipRanks shows $1.68. StockStory said the market is looking for revenue growth of 2.5% from a year earlier, down from 7.3% growth in the comparable quarter last year. (corporate.lululemon.com) That would mark a materially slower top-line pace for a company that had long been valued on stronger growth. ### Why is the setup more tense than usual? (tipranks.com) Lululemon shares closed at $126.03 on June 3, and Investing.com reported the stock hit a 52-week low of $124.93 that day. StockStory said the shares were down 2.1% over the prior month even as apparel retail peers gained on average. March 17, 2026 is a key reason the bar is low. In its fourth-quarter and full-year fiscal 2025 report, Lululemon said fourth-quarter revenue rose 1% to $3.6 billion and diluted EPS was $5.01, but the company’s fiscal 2026 guidance came in below analyst expectations. (stockstory.org) CNBC reported at the time that weaker-than-expected sales and earnings forecasts weighed on the shares. (marketbeat.com) ### What did management say last quarter that still matters now? Lululemon said in March that full-year fiscal 2026 revenue would be $11.35 billion to $11.5 billion, implying 2% to 4% growth, while diluted EPS was forecast at $12.10 to $12.30. The company also said it expected North America revenue to decline 1% to 3%, with China Mainland projected to grow about 20%. (corporate.lululemon.com) CNBC reported that Lululemon had been dealing with higher tariffs and a proxy fight involving founder Chip Wilson when it issued that outlook. Those pressures, together with softer U.S. demand, made the company’s guidance a central issue coming into Thursday’s release. ### What will investors watch once the numbers hit? A revenue figure near $2.43 billion and EPS near $1.68 will set the baseline for the immediate market reaction. (fool.com) Investors will also be looking for any change to the company’s full-year revenue range of $11.35 billion to $11.5 billion and EPS range of $12.10 to $12.30, both issued on March 17. June 4 is the next scheduled public update, and Lululemon’s investor site says the company will host a webcast tied to the first-quarter results. (cnbc.com) That call is where management’s comments on North America demand, margins and fiscal 2026 guidance are likely to be tested first. (corporate.lululemon.com) (tipranks.com)