Lululemon Athletica Inc (NASDAQ:LULU) reported fourth quarter results that exceeded Wall Street expectations, supported by stronger-than-anticipated earnings and continued growth in its international business.
For the quarter ended February 1, 2026, the athletic apparel retailer posted revenue of $3.6 billion, compared with the consensus $3.58 billion.
Adjusted earnings per share came in at $5.01, above expectations of $4.78.
Regional performance was mixed, with Americas revenue declining 4%, while international revenue increased 17%.
“We are pleased to achieve fourth quarter revenue and EPS results ahead of our expectations,” Lululemon’s interim Co-CEO and CFO Meghan Frank said.
She added that the company is focused on executing its action plan in 2026, including improving full-price sales, particularly in North America.
Looking ahead, Lululemon issued a relatively modest outlook. For the first quarter of 2026, the company expects revenue between $2.4 billion and $2.43 billion, representing growth of 1% to 3%, with diluted earnings per share projected at $1.63 to $1.68.
For the full year, Lululemon forecast revenue of $11.35 billion to $11.50 billion, implying growth of 2% to 4%, and earnings per share of $12.10 to $12.30. The revenue outlook is slightly below the consensus $11.52 billion.
Shares were down less than 1% in after-hours trading following the release.