Will Lululemon say “Waterline”?

Lululemon said “Waterline” 2 times on its Sep 3, 2026 call (FY27 Q2), and on 3 of its last 8 calls: 0, 0, 1, 0, 0, 6, 0, 2 times. As of Oct 24, 2026, Lululemon said “Waterline” on the only call with a settled Polymarket mention market so far, on Sep 3, 2026. Parrot’s p for the next listing is 71% (n=1, from settlement history blended with transcripts), not a forecast.

71%from settlement history blended with transcripts · n=1counts: anyone
Last 10
1/1Last 10 settled, oldest to newest: yes
Streak
said last time
Counts
anyone
Updated

Where it was said

quotes of at most 25 words; select an appearance

Lululemon

Waterline

Probability
71% · n=1
Settled
1/1 (100%)
Last calls
said in 3 of 8

Next listing counts: anyone

FY27 Q2 earnings call, Sep 3, 2026 · said 2 times (counts)

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Counts: anyone

2 counted (0 in prepared remarks, 2 in Q&A).

Meghan Frankcompanyqa · 45:33Hear it 45:31, Meghan Frank In transcript

…Q3, so a slight moderation. Then we are up against a high water line in Q4. So we are expecting markdowns to be approximately flat…

Meghan Frankcompanyqa · 56:31Hear it 56:25, Meghan Frank In transcript

…and that's really driven by, first of all, we have a higher water line from a revenue perspective in Q4, so less fixed cost deleverage.…

FY27 Q1 earnings call, Jun 4, 2026 · not said

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FY26 Q4 earnings call, Mar 17, 2026 · said 6 times (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

6 counted (0 in prepared remarks, 6 in Q&A).

Meghan FrankcompanyqaIn transcript

…We're already starting to see that. We are shifting from the lowest waterline in Q4. We did have a 130 basis points higher markdowns, so…

Meghan FrankcompanyqaIn transcript

…a little bit of a shift in strategy on the spend, same waterline, and we'll continue to monitor to the extent that you know it's…

Every match in the transcript

FY25 Q3 earnings call, Dec 11, 2025 · not said

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FY25 Q2 earnings call, Sep 4, 2025 · not said

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FY25 Q1 earnings call, Jun 5, 2025 · said 1 time (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

1 counted (0 in prepared remarks, 1 in Q&A).

Meghan FrankcompanyqaIn transcript

…20 basis points above last year, so not meaningfully higher than our last year waterline, which was relatively, I would say, in line with history.

FY24 Q4 earnings call, Mar 27, 2025 · not said

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FY24 Q3 earnings call, Dec 5, 2024 · not said

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Every settled listing

newest first · 1 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
Sep 3, 2026WaterlinePolymarketYes2

Questions

How many times did Lululemon say “Waterline” on its last earnings call?
Lululemon said “Waterline” 2 times on its Sep 3, 2026 call (FY27 Q2), and on 3 of its last 8 calls: 0, 0, 1, 0, 0, 6, 0, 2 times.
How often does Lululemon say “Waterline”?
As of Oct 24, 2026, Lululemon said “Waterline” on the only call with a settled Polymarket mention market so far, on Sep 3, 2026.
What is the probability Lululemon says “Waterline” next time?
71%, from settlement history blended with transcripts (n=1). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: anyone.

Cite parrot.markets, “Lululemon: ‘Waterline’ mention history”, as of Oct 24, 2026, https://parrot.markets/earnings/LULU/words/waterline (CC BY 4.0)

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