Lululemon Slides 18% After Revenue Miss and Lower 2026 Outlook

lululemon athletica inc. (LULU) is down 18.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The selloff appears tied mainly to a weaker-than-expected quarterly update and another cut to full-year guidance. Investors seem focused less on the headline EPS beat and more on falling sales, weaker comparable sales, and a softer outlook for the rest of fiscal 2026.

Details:

The company said second-quarter revenue fell 4% to about $2.4 billion, while comparable sales dropped 9%, pointing to weaker demand.

Americas revenue declined 8% and Americas comparable sales fell 12%, suggesting the core region remained under pressure.

Lululemon lowered its full-year fiscal 2026 outlook to revenue of $10.35 billion to $10.50 billion and diluted EPS of $9.48 to $9.73.

Third-quarter guidance also called for revenue to decline 10% to 11%, which likely reinforced concerns that the slowdown is not just a one-quarter issue.

Sources:

lululemon, SEC, Associated Press

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$LULU Insider Trading Activity

$LULU insiders have traded $LULU stock on the open market 4 times in the past 6 months. Of those trades, 3 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $LULU stock by insiders over the last 6 months:

CHARLES V BERGH has made 2 purchases buying 10,365 shares for an estimated $1,500,361 and 0 sales.
ANDRE MAESTRINI (Pres, CCO & Interim Co-CEO) purchased 3,275 shares for an estimated $494,590
NICOLE NEUBURGER (Chief Brand Officer) sold 622 shares for an estimated $100,142

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$LULU Hedge Fund Activity

We have seen 401 institutional investors add shares of $LULU stock to their portfolio, and 711 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FMR LLC removed 3,395,147 shares (-78.9%) from their portfolio in Q2 2026, for an estimated $387,657,884
FIL LTD added 2,017,697 shares (+24723.6%) to their portfolio in Q2 2026, for an estimated $230,380,643
BOSTON PARTNERS removed 1,466,961 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $224,591,729
CURATED WEALTH PARTNERS LLC added 1,001,498 shares (+inf%) to their portfolio in Q2 2026, for an estimated $114,351,041
VIKING GLOBAL INVESTORS LP removed 980,568 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $111,961,254
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 945,232 shares (+inf%) to their portfolio in Q2 2026, for an estimated $107,926,589
JPMORGAN CHASE & CO added 867,827 shares (+inf%) to their portfolio in Q2 2026, for an estimated $99,088,486

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$LULU Congressional Stock Trading

Members of Congress have traded $LULU stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.

Here’s a breakdown of recent trading of $LULU stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. sold up to $15,000 on 03/13.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$LULU Price Targets

Multiple analysts have issued price targets for $LULU recently. We have seen 19 analysts offer price targets for $LULU in the last 6 months, with a median target of $130.0.

Here are some recent targets:

Alex Straton from Morgan Stanley set a target price of $93.0 on 07/06/2026
Paul Lejuez from Citigroup set a target price of $130.0 on 06/10/2026
Dana Telsey from Telsey Advisory Group set a target price of $122.0 on 06/05/2026
Jay Sole from UBS set a target price of $124.0 on 06/05/2026
Anna Andreeva from Piper Sandler set a target price of $110.0 on 06/05/2026
Randal Konik from Jefferies set a target price of $115.0 on 06/05/2026
Matthew Boss from JP Morgan set a target price of $149.0 on 06/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.