Lululemon Flubbed the Quarter, and the Founder Won't Say a Bad Word

Lululemon Athletica (NASDAQ:LULU) reported first-quarter 2026 earnings, and the news wasn't very good. While the top line grew 4% and same-store sales rose 1%, those numbers mask material weakness in the company's most important market. However, Chip Wilson, the company's founder, isn't likely to discuss any of it because he got what he wanted a few days before the earnings release. Here's what you need to know.Lululemon's top line grew 4%, but that was driven by international sales, which rose 22%. The athletic clothing retailer's far larger and more important Americas business suffered a 3% sales decline. Same-store sales followed a similar trend, with international same-store sales up 13% and Americas same-store sales down 5%.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool