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

lululemon athletica (NASDAQ:LULU) updated its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 9.480-9.730 for the period, compared to the consensus 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.

lululemon athletica Stock Performance

Shares of lululemon athletica stock opened at $100.61 on Friday. The company’s 50 day moving average price is $118.42 and its 200-day moving average price is $136.36. lululemon athletica has a 52-week low of $97.99 and a 52-week high of $225.98. The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 8.24, a P/E/G ratio of 2.53 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last released its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, topping the consensus estimate of $1.79 by $1.13. The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.46 billion. lululemon athletica had a return on equity of 27.73% and a net margin of 12.78%.The business’s revenue was down 4.3% on a year-over-year basis. During the same quarter last year, the business posted $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 forecast that lululemon athletica will post 10.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on LULU. Zacks Research raised lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 19th. Daiwa Securities Group lowered their target price on shares of lululemon athletica from $173.00 to $120.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Wells Fargo & Company decreased their price objective on shares of lululemon athletica from $105.00 to $95.00 and set an “equal weight” rating for the company in a report on Friday. Needham & Company LLC restated a “hold” rating on shares of lululemon athletica in a report on Friday. Finally, Jefferies Financial Group decreased their target price on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating for the company in a research note on Friday, June 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, lululemon athletica has an average rating of “Reduce” and an average price target of $116.46.

Insider Buying and Selling

In related news, Director Charles Bergh bought 4,275 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were bought at an average cost of $117.05 per share, for a total transaction of $500,388.75. Following the completion of the transaction, the director owned 10,365 shares of the company’s stock, valued at approximately $1,213,223.25. This trade represents a 70.20% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.54% of the company’s stock.

More lululemon athletica News

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

• Positive Sentiment: Fiscal Q2 adjusted EPS of $2.92 exceeded the $1.79 consensus estimate. However, approximately $0.86 per share of the result came from tariff refunds, making the beat less indicative of underlying operating strength. lululemon Q2 Earnings Beat on Tariff Refunds Despite Revenue Miss
• Positive Sentiment: Michael Burry reportedly remains bullish and indicated he may buy more shares below $100, offering a contrarian vote of confidence despite the disappointing results. Lululemon Sinks 20% After Second Guidance Cut
• Neutral Sentiment: Incoming CEO Heidi O’Neill takes over next week, putting renewed focus on whether a product refresh, stronger marketing and improved traffic can restore growth. Lululemon forecast cut hits shares, underscores challenge for next CEO
• Neutral Sentiment: Analyst opinion became more cautious: Goldman Sachs, Barclays, JPMorgan, Morgan Stanley, Piper Sandler and others lowered price targets, though several retained neutral or market-perform ratings and some targets remain above the stock’s recent level.
• Negative Sentiment: Q2 revenue fell 4% year over year to $2.42 billion, below the $2.46 billion consensus, while comparable sales dropped 9%. Americas revenue declined 8% and comparable sales fell 12%, signaling weakness in the company’s core market. Lululemon shares tumble on weak China, North America sales
• Negative Sentiment: Management reduced fiscal 2026 revenue guidance to $10.35 billion-$10.50 billion and EPS guidance to $9.48-$9.73. Q3 revenue is expected to decline 10%-11%, reinforcing concerns that the slowdown will persist.
• Negative Sentiment: The CEO transition, uneven product acceptance, softer store traffic, intense competition and a stronger-than-expected jobs report that increased rate concerns compounded the pressure on the apparel retailer’s valuation.

Hedge Funds Weigh In On lululemon athletica

A number of hedge funds have recently modified their holdings of the company. NorthRock Partners LLC raised its position in shares of lululemon athletica by 4.2% during the 3rd quarter. NorthRock Partners LLC now owns 1,553 shares of the apparel retailer’s stock valued at $276,000 after purchasing an additional 62 shares during the period. IHT Wealth Management LLC raised its holdings in lululemon athletica by 1.7% during the second quarter. IHT Wealth Management LLC now owns 4,276 shares of the apparel retailer’s stock valued at $1,016,000 after acquiring an additional 73 shares during the period. GW&K Investment Management LLC lifted its position in shares of lululemon athletica by 70.3% in the fourth 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 in the last quarter. Golden State Wealth Management LLC lifted its position in shares of lululemon athletica by 43.6% in the fourth 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 in the last quarter. Finally, Summit Financial LLC boosted its stake in shares of lululemon athletica by 5.8% in the fourth quarter. Summit Financial LLC now owns 1,839 shares of the apparel retailer’s stock worth $382,000 after acquiring an additional 101 shares during the period. 85.20% of the stock is currently owned by institutional investors.

About lululemon athletica

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.