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