lululemon reported weak Q2 results with revenue down 3.2% year-over-year and core product sales, especially leggings, declining by 20%. The company's operational performance was temporarily supported by one-time tariff refunds, but underlying margins and comparable sales showed significant deterioration, particularly in the Americas. The company sharply cut its guidance, expecting Q3 earnings per share to fall below $1, raising concerns about the sustainability of its premium brand positioning and competitive advantage. As a result, the analyst downgraded lululemon to 'hold' due to ongoing operational challenges, while remaining watchful of the company's potential turnaround, strong cash flow, and balance sheet flexibility.
Lululemon Athletica Inc trades at USD 100.18 on Pluang as of Sep 15, 2026 10:41 WIB, up 1.22% in the last day. The stock's market cap stands at $10.96 billion, showing resilience despite recent earnings concerns. Its 52-week low is USD 96.88, indicating current prices are near the lower range for the year.
