Lululemon has reported mixed Q1 FY26 results, with net revenue rising 4 per cent to $2.5 billion, driven by 22 per cent international growth, while Americas revenue declined 3 per cent.
Gross margin fell 410 basis points to 54.2 per cent and diluted EPS dropped to $1.69.
The company lowered its FY26 outlook, citing macroeconomic headwinds and softer demand in the Americas market.Lululemon has reported mixed Q1 FY26 results, with net revenue rising 4 per cent to $2.5 billion, driven by 22 per cent international growth, while Americas revenue declined 3 per cent.
Gross margin fell 410 basis points to 54.2 per cent and diluted EPS dropped to $1.69.
The company lowered its FY26 outlook, citing macroeconomic headwinds and softer demand in the Americas market.
