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

Posted by Francis Steltz on Jun 6th, 2026

lululemon athletica (NASDAQ:LULU – Get Free Report) issued an update on its second quarter 2026 earnings guidance on Thursday morning. 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

LULU stock opened at $114.23 on Friday. The firm has a market cap of $13.79 billion, a PE ratio of 9.22, a PEG ratio of 3.85 and a beta of 0.87. The firm’s 50 day moving average price is $141.19 and its 200-day moving average price is $169.96. lululemon athletica has a one year low of $109.36 and a one year high of $275.60.

lululemon athletica (NASDAQ:LULU – Get Free Report) last released its quarterly earnings results on Thursday, June 4th. The apparel retailer reported $1.69 EPS for the quarter, beating the consensus estimate of $1.67 by $0.02. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.44 billion. lululemon athletica had a net margin of 13.03% and a return on equity of 31.61%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. Equities research analysts predict that lululemon athletica will post 12.26 EPS for the current fiscal year.

Analyst Ratings Changes

LULU has been the topic of a number of research analyst reports. Piper Sandler cut their target price on lululemon athletica from $130.00 to $110.00 and set a “neutral” rating on the stock in a research report on Friday. BofA cut their target price on lululemon athletica from $175.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday. JPMorgan Chase & Co. cut their target price on lululemon athletica from $173.00 to $149.00 and set a “neutral” rating on the stock in a research report on Friday. Needham & Company LLC reissued a “hold” rating on shares of lululemon athletica in a research report on Friday. Finally, Robert W. Baird cut their target price on lululemon athletica from $170.00 to $140.00 and set a “neutral” rating on the stock in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twenty-nine have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $165.13.

Read Our Latest Analysis on LULU

Insider Transactions at lululemon athletica

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

Trending Headlines about lululemon athletica

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

Positive Sentiment: lululemon posted first-quarter EPS of $1.69 and revenue of $2.47 billion, both slightly ahead of Wall Street estimates, showing the business is still generating profits and growing revenue overall.
Positive Sentiment: Management said international growth remains a bright spot, with China and other overseas markets helping offset some of the weakness in North America.
Neutral Sentiment: Several analysts reiterated neutral/hold views while cutting price targets, signaling that expectations have been reset but not all firms are calling for a deeper selloff.
Neutral Sentiment: New commentary suggests valuation may now look more attractive after the sharp drop, but investors are waiting for proof that the turnaround is working.
Negative Sentiment: lululemon cut its FY2026 revenue and profit guidance and issued weaker-than-expected Q2 guidance, citing ongoing headwinds, tariff costs, markdown pressure, and softer traffic.
Negative Sentiment: Multiple brokerages lowered targets on LULU, including BofA, JPMorgan, Barclays, Wells Fargo, Piper Sandler, and others, with some downgrading the stock to hold/neutral or underperform.
Negative Sentiment: Articles cited fading brand momentum, product misfires, and negative social/media commentary, reinforcing concerns that lululemon’s core U.S. business is losing steam ahead of the incoming CEO transition.

Institutional Trading of lululemon athletica

A number of large investors have recently modified their holdings of the stock. Brighton Jones LLC acquired a new position in shares of lululemon athletica during the fourth quarter worth $429,000. NewEdge Advisors LLC grew its stake in shares of lululemon athletica by 5.1% during the first quarter. NewEdge Advisors LLC now owns 3,848 shares of the apparel retailer’s stock worth $1,089,000 after purchasing an additional 186 shares in the last quarter. Glenview Trust co grew its stake in shares of lululemon athletica by 39.9% during the second quarter. Glenview Trust co now owns 996 shares of the apparel retailer’s stock worth $237,000 after purchasing an additional 284 shares in the last quarter. Diversify Advisory Services LLC acquired a new position in shares of lululemon athletica during the second quarter worth $508,000. Finally, Raymond James Financial Inc. grew its stake in shares of lululemon athletica by 10.7% during the second quarter. Raymond James Financial Inc. now owns 112,632 shares of the apparel retailer’s stock worth $26,759,000 after purchasing an additional 10,891 shares in the last quarter. Hedge funds and other institutional investors own 85.20% of the company’s stock.

About lululemon athletica

(Get Free Report)

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.