$LULU (LULULEMON ATHLETICA) — 8-K: LULU Q2 FY26 EPS $2.92 crushes consensus $1.79 by 63.3%; revenue -5% YoY

LULU printed Q2 FY26 GAAP EPS of $2.92, beating consensus of $1.79 by $1.13, or 63.3%. Revenue fell 5% YoY to $2.4B. Guidance: Q3 FY26 adjusted EPS $0.93-$0.98; FY2026 adjusted EPS $9.48-$9.73. The beat was driven by $134.5M of IEEPA tariff refunds plus associated interest, which added $0.86 to diluted EPS.

LULU printed Q2 FY26 GAAP EPS of $2.92, beating consensus of $1.79 by $1.13, or 63.3%. Revenue fell 5% YoY to $2.4B. Guidance: Q3 FY26 adjusted EPS $0.93-$0.98; FY2026 adjusted EPS $9.48-$9.73. The beat was driven by $134.5M of IEEPA tariff refunds plus associated interest, which added $0.86 to diluted EPS.