Will sagging Lululemon top Wall Street's revenue estimate when it reports Thursday?
58% of users predicted NO — the community missed this one. 31 predictions cast.
Lululemon Athletica reported first-quarter 2026 revenue of $2.47 billion on June 4, topping the Wall Street consensus estimate of approximately $2.43 billion and recording roughly 4 percent year-over-year growth. Comparable sales rose 1 percent, ahead of the 0.4 percent increase analysts had forecast. Adjusted earnings per share of $1.69 edged past the $1.68 consensus.
International sales fueled the upside, growing 22 percent over the same quarter a year earlier, with comparable international sales expanding 13 percent. China and other non-Americas markets drove the outperformance. Lululemon's Americas segment, its largest business, continued to lag, weighed down by product launches that failed to resonate with core shoppers and persistent negative media coverage. Interim CEO Meghan Frank cited both factors specifically in the company's prepared earnings remarks.
Despite the top-line beat, Lululemon lowered its full-year revenue and earnings guidance and issued a weaker-than-expected current-quarter outlook, sending shares lower in after-hours trading. The result illustrated the split in the company's recent performance: an international growth story running alongside a troubled domestic core that has pressured the stock for several consecutive quarters.
The Predict Six community voted against a revenue beat, with 58 percent choosing NO — a community miss on this question.