lululemon athletica (NASDAQ:LULU) Releases FY 2026 Earnings Guidance

lululemon athletica (NASDAQ:LULU) issued an update on its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 9.480-9.730 for the period, compared to the consensus earnings per share estimate of 12.350. The company issued revenue guidance of $10.4 billion-$10.5 billion, compared to the consensus revenue estimate of $11.5 billion. lululemon athletica also updated its Q3 2026 guidance to 0.930-0.980 EPS.

Wall Street Analysts Forecast Growth

LULU has been the topic of several research reports. Citigroup reduced their price target on shares of lululemon athletica from $185.00 to $130.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. Barclays dropped their target price on shares of lululemon athletica from $161.00 to $113.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. BTIG Research lowered shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research report on Friday, June 5th. Bank of America decreased their price target on shares of lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on shares of lululemon athletica from $171.00 to $127.00 and set a “hold” rating for the company in a report on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-five have given a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $148.38.

lululemon athletica Stock Performance

NASDAQ:LULU traded up $1.70 on Thursday, hitting $121.77. 15,839,498 shares of the stock were exchanged, compared to its average volume of 3,211,143. lululemon athletica has a 52 week low of $104.44 and a 52 week high of $225.98. The stock has a market capitalization of $14.45 billion, a price-to-earnings ratio of 9.83, a P/E/G ratio of 2.46 and a beta of 0.87. The company’s 50-day moving average price is $118.76 and its 200 day moving average price is $136.61.

lululemon athletica (NASDAQ:LULU) last issued its quarterly earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, topping the consensus estimate of $1.79 by $1.13. The company had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. lululemon athletica’s revenue was down 4.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.10 EPS. lululemon athletica has set its FY 2026 guidance at 9.480-9.730 EPS and its Q3 2026 guidance at 0.930-0.980 EPS. As a group, equities research analysts predict that lululemon athletica will post 10.93 earnings per share for the current year.

Insider Activity at lululemon athletica

In other lululemon athletica news, Director Charles Bergh bought 4,275 shares of the company’s stock in a transaction on Monday, June 15th. The stock was bought at an average price of $117.05 per share, for a total transaction of $500,388.75. Following the transaction, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. The trade was a 70.20% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.54% of the company’s stock.

Key Headlines Impacting lululemon athletica

Here are the key news stories impacting lululemon athletica this week:

• Positive Sentiment: Lululemon reported diluted second-quarter EPS of $2.92, well above the $1.79 analyst consensus. The company also repurchased 2.7 million shares for $330 million, while international revenue increased 4%. Lululemon Second Quarter Fiscal 2026 Results
• Positive Sentiment: Investor Michael Burry expressed support for LULU ahead of the earnings release, arguing that the shareholder base has substantially changed. Recent insider purchases may also provide a modest confidence signal, although they are not a fundamental catalyst. Michael Burry on Lululemon Shareholder Base
• Neutral Sentiment: Heidi O’Neill is scheduled to become CEO next week. Her leadership transition could support a longer-term turnaround, but investors will likely want evidence of improved products, marketing and execution before assigning significant value to the change. Lululemon Cuts Annual Outlook
• Negative Sentiment: Second-quarter revenue fell 4% to $2.416 billion, net income dropped to $329.2 million from $370.9 million, and comparable sales declined 9%—or 10% in constant currency. Americas revenue fell 8%, highlighting the company’s core-market weakness. Lululemon Stock Plunges on Earnings
• Negative Sentiment: Lululemon reduced its 2026 revenue forecast to $10.35 billion–$10.50 billion from $11.00 billion–$11.15 billion and now expects diluted EPS of $9.48–$9.73. The downgrade reinforces concerns about softening demand and intensifying competition from newer activewear brands. Lululemon Cuts Outlook Again
• Negative Sentiment: Analysts and retail commentators questioned Lululemon’s fashion assortment and said the company needs a broader product overhaul, raising doubts about how quickly the turnaround can improve sales. A $134.5 million tariff refund boosted quarterly EPS by $0.86 after tax, making underlying earnings quality less favorable. Lululemon Sales Drop Raises Turnaround Concerns

Institutional Investors Weigh In On lululemon athletica

Institutional investors have recently made changes to their positions in the stock. Uniplan Investment Counsel Inc. acquired a new position in lululemon athletica in the fourth quarter valued at about $26,000. DV Equities LLC acquired a new position in shares of lululemon athletica during the 4th quarter worth about $31,000. GW&K Investment Management LLC increased its stake in shares of lululemon athletica by 70.3% in the 4th quarter. GW&K Investment Management LLC now owns 189 shares of the apparel retailer’s stock valued at $39,000 after acquiring an additional 78 shares during the last quarter. Quattro Advisors LLC bought a new stake in shares of lululemon athletica in the 4th quarter valued at about $46,000. Finally, Golden State Wealth Management LLC raised its position in shares of lululemon athletica by 43.6% in the 4th quarter. Golden State Wealth Management LLC now owns 280 shares of the apparel retailer’s stock valued at $58,000 after acquiring an additional 85 shares during the period. 85.20% of the stock is owned by institutional investors and hedge funds.

lululemon athletica Company Profile

lululemon athletica inc. is a design-focused athletic apparel company known for performance-oriented apparel, footwear and accessories. The company’s product portfolio centers on technical apparel for yoga, running, training and everyday active lifestyle use and includes tops, bottoms, outerwear, underwear, bags and a growing footwear assortment. lululemon emphasizes fabric science and product innovation, marketing garments that blend performance features with lifestyle styling.

Products are developed in-house and produced through a network of third-party manufacturers.