Lululemon reports drop in sales and revenue in second quarter, revises outlook

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  "company": {
    "name": "Lululemon",
    "domain": "lululemon.com"
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  "data": {
    "url": "https://financialpost.com/news/retail-marketing/lululemon-sales-revenue-drop",
    "title": "Lululemon reports drop in sales and revenue in second quarter, revises outlook - Financial Post",
    "excerpt": "Lululemon Athletica Inc. reported a tough second quarter on Thursday as revenue, profits and comparable sales all declined year over year. The Vancouver-based athletic apparel retailer reported a four per cent drop in year-over-year net revenue to US$2.4 billion, in line with analysts’ forecasts. Net income was US$329 million, up from US$195 million in the first quarter but down from US$370 million a year ago. Diluted earnings per share were US$2.92, down from US$3.10 per share last year but overshooting analysts’ expectations of US$1.79 per share. “As we moved into Q2, we faced negative commentary in the media and social channels which impacted traffic, and softer than planned response to some new product launches, which contributed to a moderating sales trend,” Lululemon’s interim co-chief executive and chief financial officer Meghan Frank said on a call with analysts. Breaking business news, incisive views, must-reads and market signals. Weekdays by 9 a.m. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Posthaste will soon be in your inbox. We encountered an issue signing you up. Please try again Interested in more newsletters? Browse here. The company reported a nine per cent dip in comparable sales, a metric that includes net revenue...",
    "summary": "Lululemon Athletica Inc. reported a second-quarter net income of US$329 million, down from US$370 million a year ago.",
    "location": "Vancouver, British Columbia, Canada",
    "planning": false,
    "image_url": "https://smartcdn.gprod.postmedia.digital/financialpost/wp-content/uploads/2026/04/no0422lululemon.jpg",
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    "published_at": "2026-09-03T22:06:59Z",
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        "state": "British Columbia",
        "region": "Northern America",
        "country": "Canada",
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    "article_sentence": "Net income was US$329 million, up from US$195 million in the first quarter but down from US$370 million a year ago.",
    "amount_normalized": 329000000
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