Lululemon down after annual revenue, profit forecast below estimates

Lululemon Athletica

17/03/2026 20:59

** Shares of athletic wear maker Lululemon Athletica LULU.O down 2.2% at $155.81 in extended trading

** Co forecast 2026 revenue and profit below analysts' estimates, as it faces rising competition and a subsequent proxy fight by founder Chip Wilson attempting to overhaul the board

** Expects annual revenue between $11.35 billion and $11.50 billion vs estimate of $11.52 billion - as per LSEG data

** Also sees annual EPS in the range of $12.10 to $12.30 vs estimates of $12.58

** Q4 gross margin decreased 550 basis points to 54.9%

** LULU fell ~46% in 2025

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))