PREVIEW: Lululemon dips ahead of results, due after the bell

lululemon athletica

03/09/2026 19:35

** Lululemon LULU.O shares dipping 0.2% on Thurs, with the co seen posting lower rev and EPS in its qtrly results, due after the bell
** The stock was bucking broader stock market gains on Thurs, with the Nasdaq more than 1% higher in afternoon trading
** The athletic apparel maker is expected to post a 3% drop in Q2 rev to $2.46 bln, with adj EPS seen at $1.79, down from $3.10 a yr ago, per LSEG
** Investors are likely to focus on the co's outlook amid signs of slowing consumer demand
** Stock has sunk about 42% YTD, starkly underperforming the Nasdaq's .IXIC 14% rise
** In June,  LULU cut its annual profit forecast and projected Q2 earnings well below Wall Street estimates
** The co in Aug announced the departure of its chief AI & technology officer, a key role as it navigates a competitive retail landscape
** Analyst recommendations on the stock include 29 "hold" ratings, one "buy" rating, one "strong buy" rating, and four "sell" ratings, according to LSEG

(Reporting by Caroline Valetkevitch )
((caroline.valetkevitch@thomsonreuters.com))