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

lululemon athletica (NASDAQ:LULU) issued an update on its third quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.930-0.980 for the period, compared to the consensus EPS 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.

Wall Street Analyst Weigh In

Several equities analysts have commented on LULU shares. BTIG Research lowered shares of lululemon athletica from a “buy” rating to a “neutral” rating in a research report on Friday, June 5th. Jefferies Financial Group decreased their target price on shares of lululemon athletica from $145.00 to $115.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Freedom Capital raised shares of lululemon athletica from a “strong sell” rating to a “hold” rating in a report on Friday, June 5th. Robert W. Baird dropped their price target on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Finally, Sanford C. Bernstein reduced their price objective on lululemon athletica from $170.00 to $145.00 and set a “market perform” rating on the stock in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twenty-five have assigned a Hold rating and five have issued a Sell rating to the stock. According to data from MarketBeat.com, lululemon athletica has an average rating of “Reduce” and an average target price of $148.38.

lululemon athletica Stock Up 1.4%

NASDAQ LULU opened at $121.77 on Friday. The company has a fifty day moving average of $118.76 and a two-hundred day moving average of $136.61. The firm has a market capitalization of $14.45 billion, a price-to-earnings ratio of 9.83, a PEG ratio of 2.50 and a beta of 0.87. lululemon athletica has a 52 week low of $104.44 and a 52 week high of $225.98.

lululemon athletica (NASDAQ:LULU) last announced its earnings results on Thursday, September 3rd. The apparel retailer reported $2.92 earnings per share for the quarter, beating the consensus estimate of $1.79 by $1.13. The business had revenue of $2.42 billion for the quarter, compared to the consensus estimate of $2.46 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.26%. The business’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.10 earnings per share. 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 research analysts anticipate that lululemon athletica will post 10.93 EPS for the current year.

Insider Transactions at lululemon athletica

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

Trending Headlines about lululemon athletica

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

• Positive Sentiment: Second-quarter diluted EPS was $2.92, above the $1.79 analyst consensus. However, the result benefited substantially from $134.5 million in tariff refunds and related interest, which added approximately $0.86 to EPS after tax. Second-Quarter Fiscal 2026 Results
• Positive Sentiment: International revenue increased 4%, and lululemon repurchased approximately 2.7 million shares for $330 million during the quarter, providing some support for per-share results. Lululemon Q2 Revenue Falls 4%
• Neutral Sentiment: Nike veteran Heidi O’Neill is scheduled to become CEO next week. Her appointment offers a potential catalyst, but investors are likely to remain cautious until she demonstrates progress on product, brand, and North American growth issues. Forecast Cut Underscores Challenge for Next CEO
• Negative Sentiment: Revenue declined 4% year over year to $2.416 billion, missing expectations, while comparable sales fell 9%—the company’s weakest comparable-sales performance since the Great Recession. Americas revenue dropped 8%, highlighting intensifying competition and softer consumer demand. Lululemon Stock Plunges on Earnings and Outlook
• Negative Sentiment: Lululemon cut its fiscal 2026 revenue forecast to $10.35 billion–$10.50 billion from $11.00 billion–$11.15 billion and reduced EPS guidance to $9.48–$9.73, well below the approximately $12.35 consensus. Third-quarter EPS guidance of $0.93–$0.98 also trails estimates. Lululemon Cuts Outlook Again
• Negative Sentiment: Analysts and commentators questioned whether lululemon’s product assortment—particularly its reliance on form-fitting leggings—still matches changing customer preferences. The resulting uncertainty over the brand’s ability to restore growth contributed to the sharp decline following the earnings release. Sales Drop Raises Turnaround Concerns

Hedge Funds Weigh In On lululemon athletica

A number of large investors have recently bought and sold shares of LULU. Invesco Ltd. grew its position in lululemon athletica by 28.7% in the 3rd quarter. Invesco Ltd. now owns 2,200,552 shares of the apparel retailer’s stock valued at $391,544,000 after acquiring an additional 490,127 shares during the last quarter. Morgan Stanley increased its stake in lululemon athletica by 2.8% in the fourth quarter. Morgan Stanley now owns 2,197,158 shares of the apparel retailer’s stock worth $456,592,000 after purchasing an additional 59,282 shares during the period. Northern Trust Corp lifted its position in shares of lululemon athletica by 0.8% during the third quarter. Northern Trust Corp now owns 1,034,873 shares of the apparel retailer’s stock worth $184,135,000 after purchasing an additional 8,154 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of lululemon athletica by 3.3% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 823,197 shares of the apparel retailer’s stock worth $171,069,000 after purchasing an additional 26,557 shares during the last quarter. Finally, Caisse de depot et placement du Quebec boosted its stake in shares of lululemon athletica by 69.1% during the third quarter. Caisse de depot et placement du Quebec now owns 638,720 shares of the apparel retailer’s stock valued at $113,647,000 after purchasing an additional 260,946 shares during the period. Hedge funds and other 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.