The latest data point shows LULU's Q1'27 net income at $195M, marking a significant decline from the $587M recorded in Q4'26. From Q2'24 to Q1'27, the company's net income exhibited a volatile pattern with strong seasonal peaks in Q4 periods, reaching highs of $749M in Q4'25 and $669M in Q4'24, while Q1'27 represents the lowest quarterly result in the observed timeframe. The YoY growth rate turned negative starting from Q1'26 at -2.1% and continued declining through Q4'26 at -21.6%, indicating a sustained contraction in profitability momentum despite the typical Q4 strength.