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

lululemon athletica (NASDAQ:LULU) updated its second quarter 2026 earnings guidance on Thursday. The company provided EPS guidance of 1.760-1.810 for the period, compared to the consensus EPS 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.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on LULU. Jefferies Financial Group dropped their price target on lululemon athletica from $170.00 to $145.00 and set a “hold” rating on the stock in a research note on Tuesday, April 28th. Truist Financial dropped their price target on lululemon athletica from $200.00 to $170.00 and set a “hold” rating on the stock in a research note on Wednesday, March 18th. BTIG Research reaffirmed a “buy” rating and set a $225.00 target price on shares of lululemon athletica in a research note on Friday, May 29th. Telsey Advisory Group lowered their target price on lululemon athletica from $215.00 to $175.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 18th. Finally, Robert W. Baird lowered their target price on lululemon athletica from $190.00 to $170.00 and set a “neutral” rating on the stock in a research note on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twenty-eight have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, lululemon athletica has an average rating of “Hold” and a consensus target price of $197.09.

lululemon athletica Trading Down 0.9%

NASDAQ:LULU traded down $1.11 on Thursday, hitting $124.92. 7,485,621 shares of the company’s stock traded hands, compared to its average volume of 2,887,576. lululemon athletica has a 1 year low of $116.63 and a 1 year high of $338.49. The firm has a 50-day moving average price of $142.80 and a 200-day moving average price of $170.67. The company has a market cap of $15.08 billion, a PE ratio of 9.39, a price-to-earnings-growth ratio of 3.90 and a beta of 0.87.

lululemon athletica (NASDAQ:LULU) last released its earnings results on Thursday, June 4th. The apparel retailer reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.67 by $0.02. lululemon athletica had a return on equity of 34.82% and a net margin of 14.22%.The company had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.43 billion. 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. On average, research analysts forecast that lululemon athletica will post 12.26 EPS for the current fiscal year.

Insider Activity

In other news, insider Nicole Neuburger sold 622 shares of lululemon athletica stock in a transaction dated Wednesday, April 8th. The stock was sold at an average price of $161.00, for a total transaction of $100,142.00. Following the completion of the sale, the insider directly owned 19,156 shares in the company, valued at $3,084,116. The trade was a 3.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andre Maestrini purchased 3,275 shares of lululemon athletica stock in a transaction dated Wednesday, April 1st. The shares were purchased at an average price of $151.02 per share, with a total value of $494,590.50. Following the completion of the acquisition, the chief executive officer owned 34,551 shares in the company, valued at $5,217,892.02. The trade was a 10.47% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.54% of the stock is owned by corporate insiders.

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’

Institutional Investors Weigh In On lululemon athletica

Several institutional investors have recently made changes to their positions in the company. Corient Private Wealth LLC lifted its holdings in shares of lululemon athletica by 265.9% during the 4th quarter. Corient Private Wealth LLC now owns 42,985 shares of the apparel retailer’s stock valued at $8,933,000 after buying an additional 31,236 shares during the last quarter. Blue Sparrow LLC DE acquired a new stake in shares of lululemon athletica during the 4th quarter valued at about $11,430,000. Mercer Global Advisors Inc. ADV lifted its holdings in shares of lululemon athletica by 18.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 21,142 shares of the apparel retailer’s stock valued at $4,322,000 after buying an additional 3,313 shares during the last quarter. Vident Advisory LLC lifted its holdings in shares of lululemon athletica by 293.0% during the 4th quarter. Vident Advisory LLC now owns 13,181 shares of the apparel retailer’s stock valued at $2,739,000 after buying an additional 9,827 shares during the last quarter. Finally, State of Tennessee Department of Treasury lifted its holdings in shares of lululemon athletica by 26.4% during the 4th quarter. State of Tennessee Department of Treasury now owns 41,743 shares of the apparel retailer’s stock valued at $8,675,000 after buying an additional 8,711 shares during the last quarter. 85.20% of the stock is currently 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.