Lululemon falls after cutting annual forecasts

lululemon athletica

04/06/2026 21:19

** Shares of athleisure brand Lululemon LULU.O fall 10% to $112.6 in extended trading
** Company expects FY26 revenue in the range of $11 billion to $11.15 billion, compared with its prior forecast of $11.35 billion to $11.50 billion
** Forecasts Q2 revenue between $2.45 billion and $2.48 billion, compared with analysts' average estimate of $2.60 billion - data compiled by LSEG
** LULU expects full-year EPS between $10.95 and $11.15, compared with its prior forecast of $12.10 to $12.30
** Shares down ~40% YTD

 (Reporting by Harshita Mary Varghese in Bengaluru)
 ((HarshitaMary.Varghese@thomsonreuters.com))