What move does the options market price into lululemon athletica's report?

Implied ±8.5%, either direction.

How often does lululemon athletica move more than the options market prices?

6 of the last 8 reports moved at least as far as the implied move.

LULUNasdaqApparel & Other Finishd Prods of Fabrics & Similar Matl

lululemon athletica inc. (LULU) earnings date, market-implied expected move, and options open interest by expiry

107.04

−0.79 · −0.73%

Regular session13:27 ET

Open107.20Volume2.6MMkt cap$11.4BP/E8.80EPS12.17

Day105.26 – 107.5378%52-wk90.38 – 225.9812%

LULU

lululemon athletica inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±8.5%implied · report alone

8Q avg ±13.5%·×0.63·cheap

98.67116.99

straddle ±12.8%

spot 107.83exp Dec 11ATM strike 108ATM straddle 16.17IV 58%

Nov 2 closereport share · term structure

Expected move

Inputs

Next report

Dec 10

after close · in 37 days

est.Q3 FY26

Calendar

Next report

Last report

−17.38%

vs ±8.0% implied · ×2.18

shaded = implied · ▲▼ = realized

Sep 3 '26 · confirmed

Implied vs realized

Linked news

6dPTON · supplierPeloton Launches Peloton Broker to Streamline Early-Stage Land Acquisition for Energy Projects
53dJD · customerJD.com’s Ceconomy deal concessions face pushback from rivals – report

News

Largest filed tie

13F top-10 QoQ

+8.11%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

854 managers

Top fund weight

0.30%

LULU weight · XLY

N-PORTJun 30 '26

10 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

lululemon athletica (LULU) is expected to report on Dec 10 after close (estimated date).

Implied vs realized

8 reports

6 of 8≥ implied

avg implied: ±8.4%
avg realized: ±13.5%

Dec 5 '24Dec 5 '24confirmed±7.7%▲+15.89%×2.07

Mar 27 '25Mar 27 '25confirmed±7.3%▼−14.19%×1.93

Jun 5 '25Jun 5 '25confirmed±7.5%▼−19.80%×2.65

Sep 4 '25Sep 4 '25confirmed±9.9%▼−18.58%×1.89

Q3 FY25Dec 11 '25confirmed±9.6%▲+9.60%×1.00

Mar 17 '26Mar 17 '26confirmed±8.7%▲+3.84%×0.44

Q1 FY26Jun 4 '26confirmed±8.3%▼−8.56%×1.03

Q2 FY26Sep 3 '26confirmed±8.0%▼−17.38%×2.18

quarterimplied−20%0+20%realized×

Q2 FY26±8.0%▼−17.38%×2.18

Q1 FY26±8.3%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 8 expiries · Oct 30 close

0.54OI · 8 expiries · Oct 30 closeP/C open interest · Dec 18 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

3 nearer expiries

7,063+20%Nov 63d1.235,763+24%1.23

2,338+61%Nov 1310d0.902,604+10%0.90

25,626−1%Nov 2017d0.7434,488+9%0.74

1,403+68%Nov 2724d1.001,401+31%1.00

445—Dec 431d0.63706—0.63

ExpiryPutsCallsP/C

3 nearer expiries

Nov 63d7,063+20%5,763+24%1.23

Nov 1310d2,338+61%2,604+10%0.90

Nov 2017d25,626−1%34,488

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±12.8%

Funds 4

XLY±0.0%

RSP±0.0%

VUG±0.0%

SPY±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

13.63%as filednet margin · revenue −2.26% QoQ · −4.34% YoY

Revenue

$2.4B−2.26% QoQ

Gross profit

$1.5B+9.19% QoQ

60.52% margin

Operating income

$454M+63.81% QoQ

18.78% margin

Pre-tax income

$467M+63.37% QoQ

Net income

$329M+68.79% QoQ

13.63% margin

Cost of revenue

$954M−15.80% QoQ

Operating expenses

$1.0B−5.05% QoQ

Tax

$138M+51.74% QoQ

Other income

$14M+50.02% QoQ

Revenue$2.4B−2.26%

Gross profit

$1.5B+9.19%

60.52% margin

Operating income

$454M+63.81%

18.78% margin

Pre-tax income

$467M+63.37%

Net income

$329M+68.79%

13.63% margin

Cost of revenue

$954M−15.80%

Operating expenses

$1.0B−5.05%

Other income$14M+50.02%

Tax$138M+51.74%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Aug 2 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 2 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 13:15 ET

Intraday

Event sensitivity

NFP ×2.29· ±4.3% vs ±1.9% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±4.3%3 of 10×2.29

CPIconsumer prices±2.4%4 of 10×1.30

FOMCrate decision±2.3%12 of 24×1.23

PPIproducer prices±2.0%4 of 10×1.10

PCEpersonal income & outlays±2.0%8 of 19×1.09

CPROFcorporate profits±1.4%7 of 12×0.76

GDPgross domestic product±1.2%9 of 19×0.64

Bar = avg |move| to ±5% · tick = ±1.9% avg day · ×base = |move| ÷ ±1.9% · min 6 releases

Earnings history

EPS 2.92 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Sep 3 '26 · confirmed	2.92	—
Q1 FY26	Jun 4 '26 · confirmed	1.69	—
Q3 FY25	Dec 11 '25 · confirmed	2.59	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod