Added to YB: 2026-09-08
Pitch date: 2026-09-04
LULU [neutral]
lululemon athletica inc.
Author Info
No bio for this author
Company Info
lululemon athletica inc., together with its subsidiaries, designs, distributes, and retails technical athletic apparel, footwear, and accessories for women and men under the lululemon brand in the United States, Canada, Mexico, China, Hong Kong, Taiwan, Macau, Greece, and internationally.
Market Cap
$11.1B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
3.93
P/E
8.24
EV/Sales
1.07
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
$LULU: The Consumer is Rented, Never Owned
LULU (earnings): Lululemon’s quarter showed broad deterioration with no near-term turnaround evident: North America revenue fell 8%, comps dropped 12%, and Q3 guidance calls for revenue down 10-11% and operating margin near 6.5%. Newer silhouettes are working but remain too small to offset core declines, including leggings down roughly 20%. FY26 normalized EPS is closer to $8.60-$8.90, while 2027 is more likely a reset-and-reinvestment year than a clean recovery.
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