Zacks Research Issues Pessimistic Estimate for LULU Earnings

lululemon athletica inc. (NASDAQ:LULU) – Research analysts at Zacks Research lowered their Q1 2028 earnings estimates for shares of lululemon athletica in a report released on Thursday, September 17th. Zacks Research analyst Team now anticipates that the apparel retailer will post earnings of $1.58 per share for the quarter, down from their prior estimate of $1.72. Zacks Research has a “Hold” rating on the stock. The consensus estimate for lululemon athletica’s current full-year earnings is $9.54 per share. Zacks Research also issued estimates for lululemon athletica’s Q2 2028 earnings at $1.98 EPS.

lululemon athletica (NASDAQ:LULU) last announced its quarterly earnings data on Thursday, September 3rd. The apparel retailer reported $2.92 EPS for the quarter, beating the consensus estimate of $1.79 by $1.13. lululemon athletica had a return on equity of 27.69% and a net margin of 12.78%.The business had revenue of $2.42 billion during the quarter, compared to analyst estimates of $2.46 billion. During the same quarter last year, the firm posted $3.10 earnings per share. The company’s revenue for the quarter 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.

Several other research analysts have also recently weighed in on the company. Bank of America lowered their price target on lululemon athletica from $140.00 to $122.00 and set a “neutral” rating on the stock in a report on Friday, September 4th. Weiss Ratings upgraded lululemon athletica from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, September 4th. BTIG Research reiterated a “neutral” rating on shares of lululemon athletica in a research note on Friday, September 4th. Argus restated a “hold” rating on shares of lululemon athletica in a research note on Monday. Finally, Citigroup decreased their target price on lululemon athletica from $130.00 to $117.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, lululemon athletica presently has a consensus rating of “Reduce” and a consensus target price of $111.54.

lululemon athletica Price Performance

Shares of lululemon athletica stock opened at $99.39 on Friday. The stock has a market cap of $11.51 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 2.29 and a beta of 0.87. lululemon athletica has a 1 year low of $95.35 and a 1 year high of $225.98. The firm’s 50-day moving average is $115.44 and its 200 day moving average is $130.81.

Institutional Investors Weigh In On lululemon athletica

Several institutional investors have recently made changes to their positions in LULU. BlackRock Inc. purchased a new stake in lululemon athletica in the 2nd quarter worth about $1,010,565,000. Geode Capital Management LLC grew its stake in shares of lululemon athletica by 2.4% during the fourth quarter. Geode Capital Management LLC now owns 3,049,911 shares of the apparel retailer’s stock valued at $631,526,000 after buying an additional 71,464 shares during the last quarter. Norges Bank purchased a new stake in shares of lululemon athletica in the fourth quarter worth approximately $362,598,000. Boston Partners bought a new stake in shares of lululemon athletica during the 4th quarter worth approximately $304,875,000. Finally, Flossbach Von Storch SE purchased a new position in lululemon athletica during the 2nd quarter valued at $207,392,000. Institutional investors own 85.20% of the company’s stock.

lululemon athletica News Roundup

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

• Positive Sentiment: Patent dispute resolved: Nike and lululemon agreed to end their patent litigation involving Mirror home-workout technology, reducing potential legal costs and uncertainty. Nike, Lululemon agree to end patent dispute over Mirror home workout tech
• Positive Sentiment: International growth remains a potential catalyst: An investment analysis argues that while LULU’s North American business is struggling, expansion into international markets and additional stores could provide a path to renewed growth through 2031. I’m Confident This Stock Will Triple by 2031. Here’s the 1 Reason I’m So Sure.
• Neutral Sentiment: Valuation debate: LULU is trading near a one-year low after a steep decline, which may attract value-oriented buyers, although recent weakness raises questions about whether the stock is genuinely inexpensive.
• Negative Sentiment: Repeated outlook reductions: Management reportedly cut its fiscal 2026 revenue and profit forecasts for the second time this year, with revenue now expected at approximately $10.35 billion to $10.5 billion. The reductions came as new CEO Heidi O’Neill began her tenure. Lululemon Cuts its Outlook Again Just as a New CEO Walks through the Door
• Negative Sentiment: Weak core-category demand: Women’s leggings sales, a key LULU category, reportedly fell about 20% in fiscal second-quarter 2026, intensifying concerns about slowing demand and execution. That Dip In Lululemon Stock Looks Cheap, But What If Leggings Keep Sliding?
• Negative Sentiment: Bearish analyst sentiment: Brokerages assign LULU an average “Reduce” rating, reflecting concerns over slowing growth and lowered earnings expectations. lululemon athletica Given Average Rating of Reduce by Brokerages
• Negative Sentiment: Investor investigations announced: Bleichmar Fonti & Auld, Pomerantz and Levi & Korsinsky announced investigations into potential securities-law claims. These notices do not establish wrongdoing but add reputational and litigation risk. LULU Securities Losses Investigation

lululemon athletica Company Profile

lululemon athletica inc. is a designer, distributor and retailer of athletic apparel, footwear and accessories. The company’s products are developed for activities including yoga, running, training, tennis and other forms of exercise, as well as everyday use. Its offerings include leggings, tops, shorts, outerwear, footwear, bags and fitness accessories for women and men.

Founded in 1998 in Vancouver, British Columbia, lululemon began as a yoga-focused apparel company and has expanded into a broader performance and lifestyle brand.