lululemon athletica (NASDAQ:LULU) Issues Earnings Results, Beats Estimates By $0.02 EPS

lululemon athletica (NASDAQ:LULU) issued its quarterly earnings data on Thursday. The apparel retailer reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.67 by $0.02, FiscalAI reports. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The business had revenue of $2.47 billion during the quarter, compared to analyst estimates of $2.43 billion. lululemon athletica updated its FY 2026 guidance to 10.950-11.150 EPS and its Q2 2026 guidance to 1.760-1.810 EPS.

lululemon athletica Price Performance

Shares of NASDAQ:LULU traded down $1.11 on Thursday, reaching $124.92. 7,485,621 shares of the company traded hands, compared to its average volume of 2,887,576. lululemon athletica has a fifty-two week low of $116.63 and a fifty-two week high of $338.49. The company’s 50 day moving average is $142.80 and its 200-day moving average is $170.67. The stock has a market capitalization of $15.08 billion, a PE ratio of 9.39, a P/E/G ratio of 3.90 and a beta of 0.87.

lululemon athletica News Roundup

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, suggesting the quarter itself was slightly better than analysts anticipated.
• Positive Sentiment: Management said North America showed some improvement, including a sequential improvement in full-price sales, which may indicate early progress in fixing merchandising and markdown issues. lululemon athletica inc. Announces First Quarter Fiscal 2026 Results
• Neutral Sentiment: Analysts recently adjusted price targets, with Sanford C. Bernstein lowering its target to $170 and Evercore cutting to $130, reflecting a more cautious stance but still implying some upside from current levels.
• Negative Sentiment: lululemon cut its FY2026 EPS guidance to $10.95-$11.15, well below the consensus estimate of $12.35, signaling slower earnings growth than investors were expecting.
• Negative Sentiment: The company also issued weak Q2 guidance, with EPS guidance of $1.76-$1.81 versus a $2.69 consensus and revenue guidance of about $2.5 billion versus $2.6 billion expected, raising concerns that near-term demand or margins are under pressure.
• Negative Sentiment: CNBC reported that lululemon cut its annual outlook and cited undisclosed “headwinds,” which added to investor concern that the slowdown may be more persistent than previously thought. Lululemon cuts annual outlook and issues weak Q2 guidance, citing undisclosed ‘headwinds’

Insider Activity

In related news, Director Charles V. Bergh acquired 6,090 shares of the business’s stock in a transaction dated Friday, March 20th. The stock was bought at an average price of $164.20 per share, for a total transaction of $999,978.00. Following the transaction, the director owned 6,090 shares of the company’s stock, valued at approximately $999,978. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nicole Neuburger sold 622 shares of the stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $161.00, for a total value of $100,142.00. Following the sale, the insider owned 19,156 shares of the company’s stock, valued at $3,084,116. This trade represents a 3.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.54% of the company’s stock.

Institutional Investors Weigh In On lululemon athletica

Institutional investors and hedge funds have recently modified their holdings of the stock. Uniplan Investment Counsel Inc. acquired a new stake in shares of lululemon athletica during the 4th quarter valued at $26,000. DV Equities LLC acquired a new stake in shares of lululemon athletica during the 4th quarter valued at $31,000. GW&K Investment Management LLC lifted its position in shares of lululemon athletica by 70.3% during 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 acquired a new stake in shares of lululemon athletica during the 4th quarter valued at $46,000. Finally, Golden State Wealth Management LLC lifted its position in shares of lululemon athletica by 43.6% during 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 last quarter. Institutional investors and hedge funds own 85.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. cut their target price on lululemon athletica from $196.00 to $173.00 in a research report on Wednesday, May 6th. BNP Paribas Exane cut their target price on lululemon athletica from $206.00 to $170.00 and set a “neutral” rating for the company in a research report on Wednesday, March 18th. Weiss Ratings downgraded lululemon athletica from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, March 31st. Stifel Nicolaus cut their target price on lululemon athletica from $210.00 to $176.00 and set a “hold” rating for the company in a research report on Wednesday, March 18th. Finally, Citigroup cut their target price on lululemon athletica from $210.00 to $185.00 and set a “neutral” rating for the company in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twenty-eight have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $197.09.

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.