Lululemon Earnings Imminent: Analysts Revisit Forecasts Ahead of Q2 Earnings Call

Lululemon Athletica is set to release Q2 earnings on September 4. Analysts expect a $2.88 EPS, down from $3.15 in the year-ago period, and quarterly revenue of $2.54 billion, up from $2.37 billion. Analysts with high accuracy rates include Needham's Tom Nikic, Telsey Advisory Group's Dana Telsey, Citigroup's Paul Lejuez, BTIG's Janine Stichter, and B of A Securities' Lorraine Hutchinson.

Lululemon Athletica (LULU) is set to release its second-quarter (Q2) earnings on September 4, 2025. Analysts expect the company to report earnings per share (EPS) of $2.88, down from $3.15 in the year-ago period, and quarterly revenue of $2.54 billion, up from $2.37 billion [1]. Key analysts with high accuracy rates include Needham's Tom Nikic, Telsey Advisory Group's Dana Telsey, Citigroup's Paul Lejuez, BTIG's Janine Stichter, and B of A Securities' Lorraine Hutchinson.

Analysts are closely watching for positive guidance or forecasted growth for the next quarter. Lululemon Athletica bulls hope to see the company not only beat the EPS estimate but also provide encouraging outlook for future quarters. New investors should note that the stock's price is often influenced more by guidance than by the actual earnings beat or miss [1].

During the previous quarter, Lululemon Athletica reported an EPS beat of $0.01, which led to a 19.8% drop in the share price on the subsequent day. The company's share price has been volatile, trading at $200.21 as of September 2, down 20.75% over the last 52 weeks [1].

Analysts have given Lululemon Athletica a Neutral consensus rating, with an average one-year price target of $286.39, suggesting a potential 43.04% upside [1]. The company ranks highest in revenue growth and gross profit margin among its peers, but it has a lower return on equity compared to one peer [1].

Lululemon Athletica's earnings are expected to reflect continued headwinds from increased tariffs on imports from China and Mexico, which have led to higher costs. The company also faces SG&A expense deleverage due to planned investments in strategies and initiatives to fuel long-term growth, such as digital marketing and seasonal store openings [2].

The company's market capitalization is above industry averages, reflecting its substantial size and strong market recognition. Lululemon Athletica's revenue growth rate over the past three months was approximately 7.32%, indicating a substantial increase in top-line earnings [1]. The company's net margin and return on equity also exceed industry averages, showcasing strong profitability and effective use of equity capital [1].

Investors should closely monitor Lululemon Athletica's earnings release to gauge the company's ability to navigate ongoing headwinds and maintain its growth momentum.

References:
[1] https://www.benzinga.com/insights/earnings/25/09/47474060/preview-lululemon-athleticas-earnings
[2] https://www.tradingview.com/news/zacks:cfa1851ad094b:0-lululemon-s-q2-earnings-echo-tariff-cost-headwinds-buy-now-or-sell/