Lululemon updates full-year outlook following domestic slowdown

Canadian athletic apparel brand Lululemon Athletica Inc. (Lululemon) reported its financial results for the first quarter of fiscal year 2026, ended June 4, 2026, revealing steady international growth alongside deceleration in its domestic market. As detailed in the official press release, total net revenue for the period reached 2.47 billion dollars, representing a 4 percent increase compared to 2.37 billion dollars in the first quarter of fiscal year 2025. On a constant dollar basis, net revenue increased by 2 percent.