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Lululemon down after annual revenue, profit forecast below estimates

ReutersMar 17, 2026 8:59 PM

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

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