12 days ago
On September 3, 2026, lululemon athletica inc. (NASDAQ:LULU) reported second-quarter fiscal 2026 results for the period ended August 2, 2026. Net revenue fell 4% to $2.4 billion, missing the $2.46 billion ****** ysts expected, and comparable sales dropped 10% on a constant dollar basis. Management cut full-year revenue guidance to a decline of 5% to 7%, down from a prior forecast of flat to down 1%, and lowered full-year earnings per share guidance to $9.48 to $9.73 from its prior forecast of $10.95 to $11.15, compared with $13.26 earned in fiscal 2025. Shares fell about 18% in extended trading. Incoming CEO Heidi O'Neill was set to start the following week.
Photo by Ian Deng Quddu on Unsplash
Citi's cut to $117 from $130 came with a Neutral rating and the observation that the stock's risk-reward is "slightly more favorable" after the selloff, even though the firm called fiscal 2027 visibility "very unclear." The operational bright spots are real.
lululemon athletica inc. (NASDAQ:LULU) increased its chase volume, the supply chain capability that lets it reorder fast-moving styles quickly, by about 20% this year, and away-from-body styles including the Groove Wide-Leg, Align Foldover Jogger, Breezily, and an updated Dance Studio Pant are trending well as shoppers shift from tight-fitting leggings. The brand's community pull held up too.
The SeaWheeze Half Marathon and Festival returned in August for the first time since 2019, drawing nearly 10,000 runners from 24 countries and roughly 14,000 festival attendees, while more than 85,000 people from 120 countries joined the companion Strava challenge, strong enough that Lululemon already committed to bringing the event back next summer. Rest of World revenue, spanning EMEA and APAC, grew 5% on a reported basis, and the company ended the quarter with $1.4 billion in cash and no outstanding borrowings.
#revenue #billion #NASDAQ
Photo by Ian Deng Quddu on Unsplash
Citi's cut to $117 from $130 came with a Neutral rating and the observation that the stock's risk-reward is "slightly more favorable" after the selloff, even though the firm called fiscal 2027 visibility "very unclear." The operational bright spots are real.
lululemon athletica inc. (NASDAQ:LULU) increased its chase volume, the supply chain capability that lets it reorder fast-moving styles quickly, by about 20% this year, and away-from-body styles including the Groove Wide-Leg, Align Foldover Jogger, Breezily, and an updated Dance Studio Pant are trending well as shoppers shift from tight-fitting leggings. The brand's community pull held up too.
The SeaWheeze Half Marathon and Festival returned in August for the first time since 2019, drawing nearly 10,000 runners from 24 countries and roughly 14,000 festival attendees, while more than 85,000 people from 120 countries joined the companion Strava challenge, strong enough that Lululemon already committed to bringing the event back next summer. Rest of World revenue, spanning EMEA and APAC, grew 5% on a reported basis, and the company ended the quarter with $1.4 billion in cash and no outstanding borrowings.
#revenue #billion #NASDAQ
15 days ago
Lululemon fell 18% after Meghan Frank delivered a second guidance cut, dropping the full-year EPS outlook to roughly $9.60 from last year's $13.26.
Nike fell 10% and On Holding dropped 14% over the same month, suggesting athletic-apparel sector headwinds extend well beyond Lululemon alone.
An 86-cent tariff refund inflated Q2 EPS but won't recur, making Lululemon's reported profit look cleaner than the challenge facing incoming CEO Heidi O'Neill.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Lululemon didn't make the cut. Enter your email to see the names that beat LULU. The report is free. Enter your email and see if any of your stocks made the cut.
Lululemon Athletica (NASDAQ:LULU) stock is under sustained pressure after a September earnings update that lowered management's outlook for the year. Retail broadly softened alongside it, and the broad market held up better, which frames the question of how much of the damage is company-specific and how much is sector-wide. Peer moves are part of that same picture, since athletic-apparel names moved lower together across the past month.
#lululemon #enter #outlook
Nike fell 10% and On Holding dropped 14% over the same month, suggesting athletic-apparel sector headwinds extend well beyond Lululemon alone.
An 86-cent tariff refund inflated Q2 EPS but won't recur, making Lululemon's reported profit look cleaner than the challenge facing incoming CEO Heidi O'Neill.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Lululemon didn't make the cut. Enter your email to see the names that beat LULU. The report is free. Enter your email and see if any of your stocks made the cut.
Lululemon Athletica (NASDAQ:LULU) stock is under sustained pressure after a September earnings update that lowered management's outlook for the year. Retail broadly softened alongside it, and the broad market held up better, which frames the question of how much of the damage is company-specific and how much is sector-wide. Peer moves are part of that same picture, since athletic-apparel names moved lower together across the past month.
#lululemon #enter #outlook
16 days ago
Interested in Netflix, Inc.? Here are five stocks we like better.
Netflix received 25 negative revisions in 90 days, yet 54 **** ysts remain bullish, seeing over 20% upside despite reduced price targets.
Meta Platforms faces 21 downgrades tied to rising CapEx and weak Q2 results, but **** ysts still rate it a Moderate Buy with about 20% upside.
Lululemon's downgrades reflect genuine fundamental deterioration, with 29 **** ysts giving it a consensus Reduce rating and mostly Hold or Sell ratings.
Downgrades rarely help bullish traders, hurting sentiment and price action—unless, of course, you're looking for a good stock to buy into. As always, it's the trend that matters, because a downgrade or price target reduction can mean different things in different situations.
#bullish #upside #interested #here
Netflix received 25 negative revisions in 90 days, yet 54 **** ysts remain bullish, seeing over 20% upside despite reduced price targets.
Meta Platforms faces 21 downgrades tied to rising CapEx and weak Q2 results, but **** ysts still rate it a Moderate Buy with about 20% upside.
Lululemon's downgrades reflect genuine fundamental deterioration, with 29 **** ysts giving it a consensus Reduce rating and mostly Hold or Sell ratings.
Downgrades rarely help bullish traders, hurting sentiment and price action—unless, of course, you're looking for a good stock to buy into. As always, it's the trend that matters, because a downgrade or price target reduction can mean different things in different situations.
#bullish #upside #interested #here
20 days ago
Lululemon Athletica Inc. (NASDAQ:LULU) recently issued its second guidance cut of the year, and investors responded immediately by sending shares down roughly 18%. That selloff came despite an EPS beat, but the headline result was heavily supported by a tariff refund rather than underlying business strength. Brand sentiment, traffic, and leggings sales are all weakening across the company's two largest markets. The key issue for investors is no longer whether the quarter was weak, but whether the stock's low valuation and new CEO can provide the catalyst for a meaningful recovery.
Lululemon shares dropped 18% after the company lowered its full-year guidance for the second time this year. Revenue is now projected to range from $10.35 billion to $10.5 billion, while EPS guidance was reduced to $9.48 to $9.73. Both represent sharp reductions from its earlier guidance ranges. Second-quarter revenue was particularly weak, falling 4% to $2.4 billion and coming in below consensus estimates, while comparable sales dropped 9%, or 10% on a constant-dollar basis. According to the company, negative commentary had affected traffic in both the U.S. and China, while leggings sales slowed more than expected. Although reported EPS beat estimates, nearly all of that upside came from an $0.86 per share tariff refund. For the third quarter, management expects revenue to decline another 10% to 11%.
Lululemon still has several financial advantages that could support the business through its current slowdown. The company has no outstanding borrowings and maintains $1.4 billion in cash. First-half operating cash flow climbed to $589 million, more than double the prior year. Inventory per unit also declined roughly 7% year over year, reducing the risk of a margin-damaging clearance event. Meanwhile, shares have fallen over 50% year-to-date and now trade at a historically depressed valuation, potentially creating an out-of-favor-setup for investors. At the same time, management continued its buyback program, repurchasing $330 million worth of shares during the quarter.
The weakness in traffic and leggings sales cannot be ignored, and both remain serious concerns. However, the company has a debt-free balance sheet, stronger cash generation, and a valuation that already reflects much of the recent bad news. That gives Lululemon room to prove that its current struggles are mainly execution-related rather than signs of a structural decline.
#year #shares #company
Lululemon shares dropped 18% after the company lowered its full-year guidance for the second time this year. Revenue is now projected to range from $10.35 billion to $10.5 billion, while EPS guidance was reduced to $9.48 to $9.73. Both represent sharp reductions from its earlier guidance ranges. Second-quarter revenue was particularly weak, falling 4% to $2.4 billion and coming in below consensus estimates, while comparable sales dropped 9%, or 10% on a constant-dollar basis. According to the company, negative commentary had affected traffic in both the U.S. and China, while leggings sales slowed more than expected. Although reported EPS beat estimates, nearly all of that upside came from an $0.86 per share tariff refund. For the third quarter, management expects revenue to decline another 10% to 11%.
Lululemon still has several financial advantages that could support the business through its current slowdown. The company has no outstanding borrowings and maintains $1.4 billion in cash. First-half operating cash flow climbed to $589 million, more than double the prior year. Inventory per unit also declined roughly 7% year over year, reducing the risk of a margin-damaging clearance event. Meanwhile, shares have fallen over 50% year-to-date and now trade at a historically depressed valuation, potentially creating an out-of-favor-setup for investors. At the same time, management continued its buyback program, repurchasing $330 million worth of shares during the quarter.
The weakness in traffic and leggings sales cannot be ignored, and both remain serious concerns. However, the company has a debt-free balance sheet, stronger cash generation, and a valuation that already reflects much of the recent bad news. That gives Lululemon room to prove that its current struggles are mainly execution-related rather than signs of a structural decline.
#year #shares #company
20 days ago
Nike stock has fallen 40% year to date to $37, raising the question of whether it's dead money or set for a category-driven bounce.
On Holding is down 41% and Lululemon down 53% year to date, signaling a category-wide selloff rather than a Nike-specific execution failure.
With SPY up 12% and XLY down just 5%, athletic apparel's 40-53% collapse stands out as a sector being systematically repriced.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and Nike didn't make the cut. Enter your email to see the names that beat NKE. The report is free. Enter your email and see if any of your stocks made the cut.
Shares of Nike (NYSE:NKE) are up 0.96% in Friday afternoon and trading at $36.97, a small bid that barely dents a brutal year. Nike stock is down 40% year to date (YTD), and today's uptick doesn't answer the bigger question hanging over the name.
#nike #question #category #stocks
On Holding is down 41% and Lululemon down 53% year to date, signaling a category-wide selloff rather than a Nike-specific execution failure.
With SPY up 12% and XLY down just 5%, athletic apparel's 40-53% collapse stands out as a sector being systematically repriced.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and Nike didn't make the cut. Enter your email to see the names that beat NKE. The report is free. Enter your email and see if any of your stocks made the cut.
Shares of Nike (NYSE:NKE) are up 0.96% in Friday afternoon and trading at $36.97, a small bid that barely dents a brutal year. Nike stock is down 40% year to date (YTD), and today's uptick doesn't answer the bigger question hanging over the name.
#nike #question #category #stocks
25 days ago
For the quarter ending 2 August 2026, the company reported lower than expected revenue at $2.4bn, down 4% from $2.53bn in the previous year.
This was driven by an 8% decline in the Americas and China mainland, where revenue grew 4%. International net revenue increased 4%.
Comparable sales declined by 9% overall during the quarter. In the Americas, comparable sales fell by 12%, while international comparable sales recorded a 3% decrease.
During the company's earnings call, interim co-CEO and chief financial officer (CFO) Meghan Frank said: "As we moved into Q2, we faced negative commentary in the media and social channels, which impacted traffic and softer than planned response to some new product launches, which contributed to a moderating sales trend."
Lululemon reported gross profit of $1.5bn in Q2, a decrease of 1%, but gross margin improved by 200 basis points to 60.5%. The margin increase was bolstered by $134.5m in tariff refunds, which boosted the measure by 560 basis points.
#revenue #Margin
This was driven by an 8% decline in the Americas and China mainland, where revenue grew 4%. International net revenue increased 4%.
Comparable sales declined by 9% overall during the quarter. In the Americas, comparable sales fell by 12%, while international comparable sales recorded a 3% decrease.
During the company's earnings call, interim co-CEO and chief financial officer (CFO) Meghan Frank said: "As we moved into Q2, we faced negative commentary in the media and social channels, which impacted traffic and softer than planned response to some new product launches, which contributed to a moderating sales trend."
Lululemon reported gross profit of $1.5bn in Q2, a decrease of 1%, but gross margin improved by 200 basis points to 60.5%. The margin increase was bolstered by $134.5m in tariff refunds, which boosted the measure by 560 basis points.
#revenue #Margin
28 days ago
On one hand, Heidi O'Neill has her work cut out for her as chief executive officer of Lululemon Athletica Inc.
Second-quarter sales fell 4 percent to $2.4 billion with 12 percent comparable sales drop in the Americas and a 3 percent decline internationally.
More from WWD
Victoria's Secret Sales Jump 10% in Q2, Giving the Brand Momentum Ahead of Runway Show
Ermenegildo Zegna's H1 Operating Profit Boosted by Zegna Brand's Margins
#second #secret
Second-quarter sales fell 4 percent to $2.4 billion with 12 percent comparable sales drop in the Americas and a 3 percent decline internationally.
More from WWD
Victoria's Secret Sales Jump 10% in Q2, Giving the Brand Momentum Ahead of Runway Show
Ermenegildo Zegna's H1 Operating Profit Boosted by Zegna Brand's Margins
#second #secret
28 days ago
US stocks edged lower on Friday morning as Treasury yields rose and investors ramped up bets of a Federal Reserve rate hike following a surprisingly strong August jobs report.
The Dow Jones Industrial Average (^DJI) fell 0.3%, and the S&P 500 (^GSPC) declined by 0.1% after the two benchmark indexes posted their best day in nearly a month. The tech-heavy Nasdaq Composite (^IXIC) traded near the flat line.
All eyes were on the August payrolls report, which showed 162,000 jobs added in the previous month, blowing past economists' expectations of 55,000 jobs added. That offered a strong countersignal to the economic data released this week, which suggested the labor market remained stuck in a pattern of sluggish but stable growth.
The question on Wall Street was whether August's strong jobs number would be enough to tilt the Fed toward hiking interest rates. Following the hot jobs report, traders increased their bets of a Fed rate hike in September to roughly 60% odds, according to CME Group.
In individual stock moves, Lululemon stock tanked 16% after the athleisure apparel company cut its revenue and profit guidance, and second quarter revenue declined. There are no other notable earnings reports scheduled for Friday.
#strong #august #rate #declined
The Dow Jones Industrial Average (^DJI) fell 0.3%, and the S&P 500 (^GSPC) declined by 0.1% after the two benchmark indexes posted their best day in nearly a month. The tech-heavy Nasdaq Composite (^IXIC) traded near the flat line.
All eyes were on the August payrolls report, which showed 162,000 jobs added in the previous month, blowing past economists' expectations of 55,000 jobs added. That offered a strong countersignal to the economic data released this week, which suggested the labor market remained stuck in a pattern of sluggish but stable growth.
The question on Wall Street was whether August's strong jobs number would be enough to tilt the Fed toward hiking interest rates. Following the hot jobs report, traders increased their bets of a Fed rate hike in September to roughly 60% odds, according to CME Group.
In individual stock moves, Lululemon stock tanked 16% after the athleisure apparel company cut its revenue and profit guidance, and second quarter revenue declined. There are no other notable earnings reports scheduled for Friday.
#strong #august #rate #declined
1 month ago
CNBC reported on August 21, 2026, that Starbucks Corporation (NASDAQ:SBUX) and NIKE, Inc. (NYSE:NKE) are among several major US brands that have seen their China businesses shrink over the past few years, as domestic Chinese competitors and a lack of local relevance erode market share once considered a guaranteed growth engine.
China was once the fastest-growing market for many American brands. However, Bain & Company's Aaron Cheris said the question now "isn't what's going wrong in China, it's why isn't that happening in the rest of the world," showing the problem is these brands' own strategy, not China itself.
Can Starbucks and Nike actually win back Chinese consumers, or has the moment already passed to nimbler domestic rivals?
Pixabay/Public Domain
CEO Brian Niccol created a joint venture with Boyu Capital, which holds a roughly 60% stake and aims to use its local market knowledge to revive Starbucks Corporation (NASDAQ:SBUX)'s China sales. Some American brands are proving the China playbook can still work: Lululemon expects about 20% China growth this year, Ralph Lauren saw 40% growth in its most recent quarter, and Kentucky Fried Chicken continues finding success in the market, showing the opportunity hasn't disappeared entirely.
#sbux #nike
China was once the fastest-growing market for many American brands. However, Bain & Company's Aaron Cheris said the question now "isn't what's going wrong in China, it's why isn't that happening in the rest of the world," showing the problem is these brands' own strategy, not China itself.
Can Starbucks and Nike actually win back Chinese consumers, or has the moment already passed to nimbler domestic rivals?
Pixabay/Public Domain
CEO Brian Niccol created a joint venture with Boyu Capital, which holds a roughly 60% stake and aims to use its local market knowledge to revive Starbucks Corporation (NASDAQ:SBUX)'s China sales. Some American brands are proving the China playbook can still work: Lululemon expects about 20% China growth this year, Ralph Lauren saw 40% growth in its most recent quarter, and Kentucky Fried Chicken continues finding success in the market, showing the opportunity hasn't disappeared entirely.
#sbux #nike
1 month ago
Lululemon has overhauled its leadership in Greater China, elevating its longtime China head and tapping an LVMH Moët Hennessy Louis Vuitton executive in a new role as it doubles down on growing in the market.
The Vancouver, Canada-based athleisure brand has promoted San Yan Ng, general manager of Lululemon's China business for the last eight years, to the role of regional president of China and APAC, effective immediately. Simultaneously, the company revealed the hiring of Jeffrey Hang, who has joined as senior vice president and general manager of APAC — a new role for the company and also effective immediately.
More from WWD
Charles Leclerc on Margiela Tabis, Upcoming Grandmaster Chess Match and His Growing Family
Sephora Taps Chinese Idol Brand Goodbai for Cowboy-themed Collaboration
#China
The Vancouver, Canada-based athleisure brand has promoted San Yan Ng, general manager of Lululemon's China business for the last eight years, to the role of regional president of China and APAC, effective immediately. Simultaneously, the company revealed the hiring of Jeffrey Hang, who has joined as senior vice president and general manager of APAC — a new role for the company and also effective immediately.
More from WWD
Charles Leclerc on Margiela Tabis, Upcoming Grandmaster Chess Match and His Growing Family
Sephora Taps Chinese Idol Brand Goodbai for Cowboy-themed Collaboration
#China
1 month ago
It's time for Lululemon Athletica (NASDAQ: LULU) to show us if its financial results can stretch as well as some of its signature yoga gear and fitness apparel. Lululemon reports its 2026 fiscal second-quarter results after the market close on Sept. 3.
Expectations are low, and understandably so for a stock that has been cut nearly in half from its December high. Lululemon's own guidance from early June calls for $2.450 billion to $2.475 billion in revenue, a 2% to 3% decline. Its per-share profit forecast of $1.76 to $1.81 for the quarter is well below the $3.10 it posted for the same quarter last summer.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Investors of the struggling retail stock could use a break. After five fiscal quarters of uninspiring single-digit revenue growth, Lululemon is bracing investors for only its second quarterly decline since going public 19 years ago. The only other time this happened was the first quarter of the COVID-19 shutdown.
Bulls will argue that Lululemon is cheap, trading for just 9 times trailing earnings. However, that's a flimsy argument when the bottom line has declined for five consecutive quarters. The chain's guidance predicts that the streak will extend to six reports in two weeks. Lululemon's forward earnings multiple is just above 10 right now.
#flashing
Expectations are low, and understandably so for a stock that has been cut nearly in half from its December high. Lululemon's own guidance from early June calls for $2.450 billion to $2.475 billion in revenue, a 2% to 3% decline. Its per-share profit forecast of $1.76 to $1.81 for the quarter is well below the $3.10 it posted for the same quarter last summer.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Investors of the struggling retail stock could use a break. After five fiscal quarters of uninspiring single-digit revenue growth, Lululemon is bracing investors for only its second quarterly decline since going public 19 years ago. The only other time this happened was the first quarter of the COVID-19 shutdown.
Bulls will argue that Lululemon is cheap, trading for just 9 times trailing earnings. However, that's a flimsy argument when the bottom line has declined for five consecutive quarters. The chain's guidance predicts that the streak will extend to six reports in two weeks. Lululemon's forward earnings multiple is just above 10 right now.
#flashing
1 month ago
With a market cap of $14.1 billion, lululemon athletica inc. (LULU) is a leading technical athletic apparel, footwear, and accessories company that designs innovative products for yoga, running, training, and a wide range of active lifestyles. The company combines advanced fabric technology with functional design and community-driven product development to create high-performance offerings that promote wellbeing and meaningful customer engagement.
Shares of the athletic apparel maker have underperformed the broader market over the past 52 weeks. LULU stock has decreased 39.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.6%. Moreover, shares of the company are down 42.3% on a YTD basis, compared to SPX's nearly 13% gain.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#moreover
Shares of the athletic apparel maker have underperformed the broader market over the past 52 weeks. LULU stock has decreased 39.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.6%. Moreover, shares of the company are down 42.3% on a YTD basis, compared to SPX's nearly 13% gain.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#moreover
1 month ago
With a market cap of $14.1 billion, lululemon athletica inc. (LULU) is a leading technical athletic apparel, footwear, and accessories company that designs innovative products for yoga, running, training, and a wide range of active lifestyles. The company combines advanced fabric technology with functional design and community-driven product development to create high-performance offerings that promote wellbeing and meaningful customer engagement.
Shares of the athletic apparel maker have underperformed the broader market over the past 52 weeks. LULU stock has decreased 39.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.6%. Moreover, shares of the company are down 42.3% on a YTD basis, compared to SPX's nearly 13% gain.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#market #lulu #apparel #moreover
Shares of the athletic apparel maker have underperformed the broader market over the past 52 weeks. LULU stock has decreased 39.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 20.6%. Moreover, shares of the company are down 42.3% on a YTD basis, compared to SPX's nearly 13% gain.
Barron Trump, 20, Now Worth $150 Million — More Than Mom, Melania — From Crypto And $39 Energy Drink
Billionaire Michael Saylor Warns Against Buying a House Because 'Every 36 Years You Actually Pay the Cost of the House in Tax to the Government'
QQQ Just 'Gamma Flipped' as Market Makers Were Forced to Sell. Here's What Our Top Chart Expert is Tracking Next.
#market #lulu #apparel #moreover
2 months ago
Michael Burry's latest stock moves are out and Wall Street is paying attention. According to media reports, Burry has piled into (NASDAQ:LULU) and MercadoLibre (NASDAQ:MELI).
Lululemon: Down 40% This Year
Lululemon (NASDAQ:LULU) sells yoga wear, running clothes, and athleisure. The stock has lost more than 40% year to date. Fiscal Q1 revenue was up just 4%. North America stayed soft. Gross margin dropped 410 basis points, while operating margin fell to 11.2% from 18.5% a year ago. Management also cut revenue guidance.
But bulls say market is ignoring the positives. China revenue grew 23% year over year in constant currency in Q1. International revenue overall grew 16%. Lululemon carries no debt and sits on $1.51 billion in cash.
The stock trades at just 10.5x forward earnings. That's a multi-year low. The 5-year average sits closer to 29x. Burry reportedly thinks Lululemon is a value opportunity. A new CEO takes over next month. Heidi O'Neill is joining from Nike.
#year #lulu
Lululemon: Down 40% This Year
Lululemon (NASDAQ:LULU) sells yoga wear, running clothes, and athleisure. The stock has lost more than 40% year to date. Fiscal Q1 revenue was up just 4%. North America stayed soft. Gross margin dropped 410 basis points, while operating margin fell to 11.2% from 18.5% a year ago. Management also cut revenue guidance.
But bulls say market is ignoring the positives. China revenue grew 23% year over year in constant currency in Q1. International revenue overall grew 16%. Lululemon carries no debt and sits on $1.51 billion in cash.
The stock trades at just 10.5x forward earnings. That's a multi-year low. The 5-year average sits closer to 29x. Burry reportedly thinks Lululemon is a value opportunity. A new CEO takes over next month. Heidi O'Neill is joining from Nike.
#year #lulu
2 months ago
JB Global Capital, an investment firm, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The fund declined 12.1% in Q2, largely driven by Alibaba, its largest holding. However, since inception on January 3, 2023, the fund has returned 109.7%, compared with 94.4% for the S&P 500. Additionally, please check the fund's top five holdings to know its best picks in 2026.
In its Q2 2026 investor letter, JB Global Capital highlighted Lululemon Athletica Inc. (NASDAQ:LULU). Lululemon Athletica Inc. (NASDAQ:LULU) designs, distributes, and retails athletic apparel, footwear, and accessories. On August 10, 2026, Lululemon Athletica Inc. (NASDAQ:LULU) closed at $127.80 per share. The one-month return of Lululemon Athletica Inc. (NASDAQ:LULU) was 8.93%, and its shares lost 33.76% over the past 52 weeks. Lululemon Athletica Inc. (NASDAQ:LULU) has a market capitalization of $14.51 billion.
JB Global Capital stated the following regarding Lululemon Athletica Inc. (NASDAQ:LULU) in its Q2 2026 investor letter:
"In September 2025, I published Investment Case: Lululemon Athletica Inc. (NASDAQ:LULU), calling the stock compelling value at $162 per share. The thesis rested on a business trading well below what its fundamentals justified: a debt-free balance sheet, 58% gross margins against a 33% industry average, and a brand strong enough to sustain 37% operating margins in both North America and mainland China. Triangulating across a DCF, relative comps to Nike and Adidas, and net ***** et value, I arrived at a fair value range of $194-280 per share. Today, the stock trades at roughly $123 per share, 24% below my initial entry.
So what went wrong? Two things: one about my own process, and one about how little of the future can be known in advance. The first is the limits of backward-looking ***** ysis. My thesis leaned heavily on trailing financials that were real, but historical. Since then, gross margin has compressed, operating margin has contracted, and ROE is down nearly 10% from a year ago. None of this means the business is broken. The balance sheet is still debt-free with $1.5 billion in cash, margins remain well above most apparel peers, and I still hold the position at roughly 9% of the portfolio. But it's a reminder that heavily underwriting the past for an exceptional business is an easy way to end up underwater on a position.…" (Click here to read the full text)
#lululemon #athletica #investor
In its Q2 2026 investor letter, JB Global Capital highlighted Lululemon Athletica Inc. (NASDAQ:LULU). Lululemon Athletica Inc. (NASDAQ:LULU) designs, distributes, and retails athletic apparel, footwear, and accessories. On August 10, 2026, Lululemon Athletica Inc. (NASDAQ:LULU) closed at $127.80 per share. The one-month return of Lululemon Athletica Inc. (NASDAQ:LULU) was 8.93%, and its shares lost 33.76% over the past 52 weeks. Lululemon Athletica Inc. (NASDAQ:LULU) has a market capitalization of $14.51 billion.
JB Global Capital stated the following regarding Lululemon Athletica Inc. (NASDAQ:LULU) in its Q2 2026 investor letter:
"In September 2025, I published Investment Case: Lululemon Athletica Inc. (NASDAQ:LULU), calling the stock compelling value at $162 per share. The thesis rested on a business trading well below what its fundamentals justified: a debt-free balance sheet, 58% gross margins against a 33% industry average, and a brand strong enough to sustain 37% operating margins in both North America and mainland China. Triangulating across a DCF, relative comps to Nike and Adidas, and net ***** et value, I arrived at a fair value range of $194-280 per share. Today, the stock trades at roughly $123 per share, 24% below my initial entry.
So what went wrong? Two things: one about my own process, and one about how little of the future can be known in advance. The first is the limits of backward-looking ***** ysis. My thesis leaned heavily on trailing financials that were real, but historical. Since then, gross margin has compressed, operating margin has contracted, and ROE is down nearly 10% from a year ago. None of this means the business is broken. The balance sheet is still debt-free with $1.5 billion in cash, margins remain well above most apparel peers, and I still hold the position at roughly 9% of the portfolio. But it's a reminder that heavily underwriting the past for an exceptional business is an easy way to end up underwater on a position.…" (Click here to read the full text)
#lululemon #athletica #investor
3 months ago
The logistics industry has spent the past few years talking about robots, warehouse automation and artificial intelligence. This year, that talk has turned into real money.
But the way companies are spending it looks different from what it did even two years ago. Instead of chasing fully automated "lights-out" warehouses, most operators are building hybrid systems that mix people, robots and software in ways they can adjust as conditions change.
More from WWD
Maersk, Lululemon Go Big on New Fulfillment Hubs
UPS, FedEx Top List of Logistics Companies Ranked by Market Cap
But the way companies are spending it looks different from what it did even two years ago. Instead of chasing fully automated "lights-out" warehouses, most operators are building hybrid systems that mix people, robots and software in ways they can adjust as conditions change.
More from WWD
Maersk, Lululemon Go Big on New Fulfillment Hubs
UPS, FedEx Top List of Logistics Companies Ranked by Market Cap
3 months ago
Lululemon Athletica Inc (NASDAQ:LULU) shares rose more than 3% after shareholders approved three management-backed directors at the company's June 25 annual general meeting, helping resolve a prolonged proxy dispute with founder Chip Wilson.
The elected directors include former Levi Strauss CEO Chip Bergh, Unilever executive Esi Eggleston Bracey and finance veteran Teri List. Their appointment strengthens the board as the company prepares for incoming CEO Heidi O'Neill, who is set to take over in September.
Lululemon also confirmed that two of Wilson's nominees, former On co-CEO Marc Maurer and former ESPN chief marketing officer Laura Gentile, have also joined the board as independent directors.
A third mutually agreed director is expected to be added by October 1, expanding the board to 11 members.
The changes follow a settlement reached in May aimed at ending months of public tension between Wilson, who owns about 8.6% of the company, and Lululemon's leadership.
The elected directors include former Levi Strauss CEO Chip Bergh, Unilever executive Esi Eggleston Bracey and finance veteran Teri List. Their appointment strengthens the board as the company prepares for incoming CEO Heidi O'Neill, who is set to take over in September.
Lululemon also confirmed that two of Wilson's nominees, former On co-CEO Marc Maurer and former ESPN chief marketing officer Laura Gentile, have also joined the board as independent directors.
A third mutually agreed director is expected to be added by October 1, expanding the board to 11 members.
The changes follow a settlement reached in May aimed at ending months of public tension between Wilson, who owns about 8.6% of the company, and Lululemon's leadership.
3 months ago
One of the top retail stories of 2026 has to be the total collapse of Lululemon's (LULU) market cap. At the start of the new year, the leisure apparel brand's equity was valued at over $24 billion. It's now less than $12 billion.
As someone who believes Lululemon remains a Canadian success story, even I'm starting to lose patience with a company and board that seems ***** -bent on destroying shareholder value.
D-Wave Just Unveiled a Major Quantum Breakthrough. QBTS Stock Looks Ready for Another Surge.
Micron Technology Earnings: Bull Put Spread Trade
Ahead of Micron Earnings, Here's What Barchart Data Says Comes Next for MU Stock
As someone who believes Lululemon remains a Canadian success story, even I'm starting to lose patience with a company and board that seems ***** -bent on destroying shareholder value.
D-Wave Just Unveiled a Major Quantum Breakthrough. QBTS Stock Looks Ready for Another Surge.
Micron Technology Earnings: Bull Put Spread Trade
Ahead of Micron Earnings, Here's What Barchart Data Says Comes Next for MU Stock
3 months ago
The AI trade started with chips. Now it's running into the electric grid.
US data center electricity demand could more than double by 2030, rising from roughly 167 terawatt-hours in 2023 to about 376 TWh by the end of the decade, according to a Yahoo Finance ***** ysis of government and industry data.
The increase alone is roughly enough electricity to power 20 million average US homes for a year — and closer to 25 million to 27 million homes if total power generation grows with demand.
That shift is turning power from a background cost into a frontline constraint — and making battery storage part of the AI infrastructure story.
Brett Conrad, Fixx Energy chair and a member of the founding team of Lululemon (LULU), sees storage as part of the answer.
US data center electricity demand could more than double by 2030, rising from roughly 167 terawatt-hours in 2023 to about 376 TWh by the end of the decade, according to a Yahoo Finance ***** ysis of government and industry data.
The increase alone is roughly enough electricity to power 20 million average US homes for a year — and closer to 25 million to 27 million homes if total power generation grows with demand.
That shift is turning power from a background cost into a frontline constraint — and making battery storage part of the AI infrastructure story.
Brett Conrad, Fixx Energy chair and a member of the founding team of Lululemon (LULU), sees storage as part of the answer.
4 months ago
A week ago, I predicted that Lululemon Athletica (NASDAQ:LULU) stock would take a beating if the company reported weak earnings or lowered its 2026 guidance. And unfortunately, both of those things happened when the company posted its fiscal 2026 first-quarter report on June 4.
Now the company is trading at an eight-year low, having fallen more than 12% post-earnings. Where does the athleisure company go from here?
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
First, let’s see what happened. For the quarter ending May 3, Lululemon posted revenue of $2.47 billion, up from $2.37 billion a year ago. However, the cost of goods sold jumped 14% year over year, pushing the company’s gross profit down by more than 4%. On top of that, Lululemon’s selling and general expenses rose 12.4%, to $1.05 billion. All that led to the company’s net income falling 38% to $195 million for the quarter. Earnings per share were $1.69, versus $2.60 in the same period a year ago.
While Lululemon is growing in popularity in China, its biggest problem lies in domestic sales, as revenue and comparable sales in the U.S. were down significantly from last year.
Now the company is trading at an eight-year low, having fallen more than 12% post-earnings. Where does the athleisure company go from here?
Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »
First, let’s see what happened. For the quarter ending May 3, Lululemon posted revenue of $2.47 billion, up from $2.37 billion a year ago. However, the cost of goods sold jumped 14% year over year, pushing the company’s gross profit down by more than 4%. On top of that, Lululemon’s selling and general expenses rose 12.4%, to $1.05 billion. All that led to the company’s net income falling 38% to $195 million for the quarter. Earnings per share were $1.69, versus $2.60 in the same period a year ago.
While Lululemon is growing in popularity in China, its biggest problem lies in domestic sales, as revenue and comparable sales in the U.S. were down significantly from last year.
4 months ago
Last Updated: June. 5, 2026 at 8:50pm ET
Updated 2026년 6월 5일 오후 5:40 New York 시간
By
WSJ Staff
↘️ Lululemon Athletica (LULU): The athleisure company cut its outlook for the year, citing challenges including a spike in negative commentary around the brand and a lackluster response to new products. Shares were down 8.6%, the lowest level since 2018.
Updated 2026년 6월 5일 오후 5:40 New York 시간
By
WSJ Staff
↘️ Lululemon Athletica (LULU): The athleisure company cut its outlook for the year, citing challenges including a spike in negative commentary around the brand and a lackluster response to new products. Shares were down 8.6%, the lowest level since 2018.
1 yr. ago
BREAKING: Peter Navarro just called out by Fox Business News for Trump putting tariffs on Wayfair and Lululemon because of an “emergency”.
Watch how he reacts.
Watch how he reacts.
