What changed
Q2 FY26 adjusted EPS of $1.34 rose from $1.26 in Q2 FY25. Revenue was $394M, down 2.2% YoY from $403M. FY26 adjusted EPS guidance was lowered to $1.60-$2.00, with Q3 FY26 adjusted EPS guided to -$1.40 to -$1.20. Softness at Lilly Pulitzer and other portfolio brands offset low-single-digit Tommy Bahama comparable sales growth.
Why it matters
Q2 FY26 adjusted EPS of $1.34 rose from $1.26 in Q2 FY25. Revenue was $394M, down 2.2% YoY from $403M. FY26 adjusted EPS guidance was lowered to $1.60-$2.00, with Q3 FY26 adjusted EPS guided to -$1.40 to -$1.20. Softness at Lilly Pulitzer and other portfolio brands offset low-single-digit Tommy Bahama comparable sales growth.