Equity Profile

LULU

lululemon athletica inc.

Consumer DiscretionaryApparel, Accessories & Luxury Goods$13.6B

Jun4Thu

Pre-Earnings Brief

UpcomingQ1-2026After Close5:00 PM EDT

Company Snapshot

lululemon athletica inc. is a leading retailer in the consumer discretionary sector, specializing in high-quality athletic apparel and accessories....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of the company's profitability and is closely watched by investors.

$1.69

Revenue

Revenue figures provide insight into the company's sales performance and overall growth trajectory.

$2.4B

Wall Street expectations, options signals, track record, and call prep available with Pro.

LULU Q1-2026 Earnings Preview

Context

Company Snapshot

lululemon athletica inc. is a leading retailer in the consumer discretionary sector, specializing in high-quality athletic apparel and accessories. The company has gained popularity for its focus on health and wellness, making it a significant player in the growing active lifestyle market.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+5.36%

Avg Stock Reaction

+0.52%

Last Quarter Recap

In Q4-2025, lululemon reported an EPS of $5.01, exceeding expectations by nearly 5%. However, the stock experienced a slight decline the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are generally optimistic about lululemon's upcoming earnings, with expectations for solid revenue and earnings growth. However, there are concerns about potential supply chain issues and competition in the activewear market.

Bull Case

If lululemon can demonstrate strong sales growth and maintain its profit margins, it could reinforce its position as a market leader and drive stock prices higher.

Bear Case

On the other hand, if the company fails to meet earnings expectations or provides weak guidance, it could lead to a significant sell-off in the stock.

Key Metrics to Watch

EPS

$1.69

Earnings per share is a key indicator of the company's profitability and is closely watched by investors.

Revenue

$2.4B

Revenue figures provide insight into the company's sales performance and overall growth trajectory.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will lululemon's EPS exceed the consensus estimate of $1.69?

A beat on EPS could signal strong operational performance and boost investor confidence.

What guidance will management provide for revenue growth in the upcoming quarters?

Guidance on future revenue growth will be crucial for assessing the company's ability to sustain momentum in a competitive market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating lululemon's ability to capture market share in the premium activewear segment, which could lead to stronger sales than anticipated.

Supporting Evidence

The company has consistently beaten EPS estimates in recent quarters, indicating strong operational execution.

Options pricing suggests a larger move than historical averages, reflecting investor uncertainty that may not align with lululemon's growth potential.

Key Risk

If revenue growth exceeds $2.5B, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating lululemon's ability to maintain growth amid increasing competition and potential supply chain challenges.

Bull Confirmed If

Earnings growth exceeding $1.69 EPS with revenue surpassing $2.4B would confirm the bullish outlook.

Bear Confirmed If

An EPS below $1.56 or revenue below $2.4B would validate the bearish concerns.

Pre-Earnings Positioning

Options Market

Implied Move

±10.33%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a substantial move around the earnings report, indicating heightened uncertainty among investors.

Options are pricing ±10.3% while LULU has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.1%

30d HV

52.6%

Calls (796K)P/C Ratio: 0.57Puts (1.1M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If lululemon beats expectations and raises guidance, history suggests a potential stock increase of around +0.05%.

In-Line / Cautious

If results are in line with expectations but management's commentary is cautious, the stock may experience muted movement.

Miss

Should the company miss earnings expectations, history suggests a potential decline of around +3.81%.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on supply chain improvements and their impact on product availability.
2Insights into customer demand trends and how they are affecting sales.
3Management's commentary on competitive pressures in the activewear market.
4Details on new product launches and marketing strategies.
5Guidance for the next quarter and full fiscal year.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

lululemon athletica inc. is a leading retailer in the consumer discretionary sector, specializing in high-quality athletic apparel and accessories....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of the company's profitability and is closely watched by investors.

$1.69

Revenue

Revenue figures provide insight into the company's sales performance and overall growth trajectory.

$2.4B

Wall Street expectations, options signals, track record, and call prep available with Pro.

LULU Q1-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

88%

Avg EPS Surprise

+5.36%

Avg Stock Reaction

+0.52%

Last Quarter Recap

In Q4-2025, lululemon reported an EPS of $5.01, exceeding expectations by nearly 5%. However, the stock experienced a slight decline the following day, indicating mixed investor sentiment.

Management Promises & Guidance

Expectations

Wall Street Expectations

Bull Case

If lululemon can demonstrate strong sales growth and maintain its profit margins, it could reinforce its position as a market leader and drive stock prices higher.

Bear Case

On the other hand, if the company fails to meet earnings expectations or provides weak guidance, it could lead to a significant sell-off in the stock.

Key Metrics to Watch

EPS

$1.69

Earnings per share is a key indicator of the company's profitability and is closely watched by investors.

Revenue

$2.4B

Revenue figures provide insight into the company's sales performance and overall growth trajectory.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will lululemon's EPS exceed the consensus estimate of $1.69?

A beat on EPS could signal strong operational performance and boost investor confidence.

What guidance will management provide for revenue growth in the upcoming quarters?

Guidance on future revenue growth will be crucial for assessing the company's ability to sustain momentum in a competitive market.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating lululemon's ability to capture market share in the premium activewear segment, which could lead to stronger sales than anticipated.

Supporting Evidence

The company has consistently beaten EPS estimates in recent quarters, indicating strong operational execution.

Options pricing suggests a larger move than historical averages, reflecting investor uncertainty that may not align with lululemon's growth potential.

Key Risk

If revenue growth exceeds $2.5B, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating lululemon's ability to maintain growth amid increasing competition and potential supply chain challenges.

Bull Confirmed If

Earnings growth exceeding $1.69 EPS with revenue surpassing $2.4B would confirm the bullish outlook.

Bear Confirmed If

An EPS below $1.56 or revenue below $2.4B would validate the bearish concerns.

Pre-Earnings Positioning

Options Market

Implied Move

±10.33%

Historical Avg

±1.0%

Pricing rich

The options market is pricing in a substantial move around the earnings report, indicating heightened uncertainty among investors.

Options are pricing ±10.3% while LULU has averaged ±1.0% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

1.1%

30d HV

52.6%

Calls (796K)P/C Ratio: 0.57Puts (1.1M)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If lululemon beats expectations and raises guidance, history suggests a potential stock increase of around +0.05%.

In-Line / Cautious

If results are in line with expectations but management's commentary is cautious, the stock may experience muted movement.

Miss

Should the company miss earnings expectations, history suggests a potential decline of around +3.81%.

Preparation

Congressional Activity

House & Senate STOCK Act disclosures over the trailing 6 months.

Trades

0 buys·1 sell

Members

House only

Est. Notional

$1,001.00–$15,000.00

disclosed dollar ranges

Most Active Members

D-CAGilbert CisnerosRep.
1

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on supply chain improvements and their impact on product availability.
2Insights into customer demand trends and how they are affecting sales.
3Management's commentary on competitive pressures in the activewear market.
4Details on new product launches and marketing strategies.
5Guidance for the next quarter and full fiscal year.