Lululemon (LULU) Q2 Earnings Top Estimates

Lululemon reported Q2 2026 earnings of $2.06 per share, beating consensus estimates of $1.79 by 15.08%, but revenues of $2.42 billion missed expectations by 2.07%. The stock has declined 42.2% year-to-date, significantly underperforming the S&P 500's 12% gain. With a Zacks Rank #3 (Hold) rating, the stock is expected to perform in line with the market. Management commentary will be crucial for determining future price movement.