04:41 AM EDT, 06/05/2026 (MT Newswires) -- (Corrects year-ago earnings figure in the first paragraph)

Lululemon Athletica ( LULU ) reported fiscal Q1 earnings late Thursday of $1.69 per diluted share, down from $2.60 a year earlier.

Analysts polled by FactSet expected $1.68.

Revenue in the quarter ended May 3 rose to $2.5 billion from $2.4 billion a year earlier.

Analysts surveyed by FactSet expected $2.43 billion.

The company expects Q2 EPS of $1.76 to $1.81 on revenue of $2.45 billion to $2.47 billion.

Analysts project EPS of $2.72 on revenue of $2.60 billion.

The company trimmed guidance for 2026 and now expects EPS of $10.95 to $11.15 on revenue of $11 billion to $11.15 billion.

Analysts project EPS of $12.31 on revenue of $11.47 billion.