lululemon athletica (NASDAQ:LULU) Updates Q2 2026 Earnings Guidance

lululemon athletica (NASDAQ:LULU) updated its second quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.760-1.810 for the period, compared to the consensus earnings per share estimate of 2.690. The company issued revenue guidance of $2.5 billion-$2.5 billion, compared to the consensus revenue estimate of $2.6 billion. lululemon athletica also updated its FY 2026 guidance to 10.950-11.150 EPS.

lululemon athletica Stock Performance

Shares of NASDAQ LULU opened at $124.92 on Friday. The company has a market cap of $15.08 billion, a P/E ratio of 9.39, a P/E/G ratio of 3.89 and a beta of 0.87. The firm’s fifty day moving average is $142.08 and its two-hundred day moving average is $170.35. lululemon athletica has a 52-week low of $116.63 and a 52-week high of $338.49.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.02. The company had revenue of $2.47 billion for the quarter, compared to the consensus estimate of $2.43 billion. lululemon athletica had a net margin of 14.22% and a return on equity of 34.82%. lululemon athletica’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.60 EPS. lululemon athletica has set its FY 2026 guidance at 10.950-11.150 EPS and its Q2 2026 guidance at 1.760-1.810 EPS. As a group, analysts forecast that lululemon athletica will post 12.26 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. BNP Paribas Exane reduced their target price on shares of lululemon athletica from $206.00 to $170.00 and set a “neutral” rating on the stock in a report on Wednesday, March 18th. Barclays cut their price target on shares of lululemon athletica from $203.00 to $161.00 and set an “equal weight” rating on the stock in a report on Wednesday, March 18th. Citigroup lowered their price objective on shares of lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research report on Monday, March 23rd. UBS Group lowered their price objective on shares of lululemon athletica from $176.00 to $153.00 and set a “neutral” rating for the company in a research report on Monday. Finally, The Goldman Sachs Group lowered their price target on shares of lululemon athletica from $200.00 to $184.00 and set a “neutral” rating for the company in a research report on Wednesday, March 11th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twenty-eight have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $197.09.

Insider Buying and Selling at lululemon athletica

In related news, CEO Andre Maestrini purchased 3,275 shares of the business’s stock in a transaction on Wednesday, April 1st. The shares were acquired at an average price of $151.02 per share, for a total transaction of $494,590.50. Following the purchase, the chief executive officer owned 34,551 shares of the company’s stock, valued at $5,217,892.02. This trade represents a 10.47% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Charles V. Bergh purchased 6,090 shares of the business’s stock in a transaction on Friday, March 20th. The shares were bought at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the purchase, the director directly owned 6,090 shares in the company, valued at $999,978. This represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 0.54% of the stock is currently owned by company insiders.

lululemon athletica News Summary

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

• Positive Sentiment: lululemon beat first-quarter expectations, reporting EPS of $1.69 versus $1.67 expected and revenue of $2.47 billion versus $2.43 billion expected, showing the business is still growing despite the slowdown. lululemon athletica inc. Announces First Quarter Fiscal 2026 Results
• Positive Sentiment: International momentum, especially in China, remains a bright spot and could partially offset weakness in North America if the trend continues. Lululemon Athletica Inc (LULU) Q1 2026 Earnings Call Highlights: Navigating Challenges with Strategic Growth in China
• Neutral Sentiment: Analysts are reworking price targets after the report, with some trimming valuations but still seeing upside from the current share price. Evercore target cut
• Neutral Sentiment: Sanford C. Bernstein also lowered its target, signaling that expectations are being recalibrated rather than collapsing outright. Bernstein target cut
• Negative Sentiment: Management cut full-year guidance to reflect weaker U.S. demand and higher pressures, which is the main reason investors are selling the stock. Lululemon cuts annual forecasts amid slowing demand in US
• Negative Sentiment: Second-quarter guidance also came in well below Wall Street expectations, reinforcing concerns that the turnaround will take longer than hoped. Lululemon cuts annual outlook and issues weak Q2 guidance
• Negative Sentiment: Reuters reported the shares fell sharply in premarket trading after the weak forecasts deepened worries about slowing U.S. demand, rising competition, and tariff-related costs. Lululemon slides as bleak forecasts deepen turnaround worries

Institutional Trading of lululemon athletica

A number of hedge funds have recently added to or reduced their stakes in the company. Corient Private Wealth LLC boosted its holdings in lululemon athletica by 265.9% during the fourth quarter. Corient Private Wealth LLC now owns 42,985 shares of the apparel retailer’s stock worth $8,933,000 after buying an additional 31,236 shares in the last quarter. Blue Sparrow LLC DE purchased a new position in shares of lululemon athletica in the fourth quarter worth about $11,430,000. Mercer Global Advisors Inc. ADV lifted its stake in shares of lululemon athletica by 18.6% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 21,142 shares of the apparel retailer’s stock worth $4,322,000 after buying an additional 3,313 shares in the last quarter. Vident Advisory LLC lifted its stake in shares of lululemon athletica by 293.0% in the fourth quarter. Vident Advisory LLC now owns 13,181 shares of the apparel retailer’s stock worth $2,739,000 after buying an additional 9,827 shares in the last quarter. Finally, State of Tennessee Department of Treasury lifted its stake in shares of lululemon athletica by 26.4% in the fourth quarter. State of Tennessee Department of Treasury now owns 41,743 shares of the apparel retailer’s stock worth $8,675,000 after buying an additional 8,711 shares in the last quarter. 85.20% of the stock is owned by hedge funds and other institutional investors.

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.