lululemon athletica (NASDAQ:LULU) Issues Q3 2026 Earnings Guidance

lululemon athletica (NASDAQ:LULU) issued an update on its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.930-0.980 for the period, compared to the consensus estimate of 2.520. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.6 billion. lululemon athletica also updated its FY 2026 guidance to 9.480-9.730 EPS.

lululemon athletica Price Performance

Shares of NASDAQ LULU traded up $1.70 during mid-day trading on Thursday, hitting $121.77. 15,839,498 shares of the company’s stock traded hands, compared to its average volume of 3,211,143. The company’s 50-day moving average is $118.56 and its two-hundred day moving average is $137.00. The company has a market capitalization of $14.45 billion, a P/E ratio of 9.83, a PEG ratio of 2.46 and a beta of 0.87. lululemon athletica has a 1 year low of $104.44 and a 1 year high of $225.98.

lululemon athletica (NASDAQ:LULU) last released 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. lululemon athletica had a return on equity of 31.26% and a net margin of 13.03%.The company had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the business posted $3.10 earnings per share. The firm’s revenue was down 4.3% on a year-over-year basis. 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. Equities analysts anticipate that lululemon athletica will post 10.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Needham & Company LLC reiterated a “hold” rating on shares of lululemon athletica in a report on Friday, June 5th. Freedom Capital upgraded lululemon athletica from a “strong sell” rating to a “hold” rating in a research report on Friday, June 5th. Morgan Stanley reaffirmed an “underweight” rating and set a $93.00 price objective on shares of lululemon athletica in a research note on Monday, July 6th. Sanford C. Bernstein cut their price objective on shares of lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Finally, Piper Sandler reduced their target price on shares of lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, June 5th. One equities research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus target price of $148.38.

Insider Buying and Selling

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

lululemon athletica News Roundup

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

Hedge Funds Weigh In On lululemon athletica

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

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.