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Lululemon drops on forecasting revenue below analysts' estimate

ReutersMar 18, 2026 8:18 AM

Lululemon Athletica LULU.O falls ~1.6% to $156.77 premarket

Athletic wear maker forecasts 2026 revenue, profit below analysts' estimate

Appoints former Levi Strauss LEVI.N chief to board, which is facing proxy fight

Piper Sandler says co showing some progress in thinking through turnaround in U.S., with inventories that appear better managed

Adds stock under-owned at ~13x price-to-earnings ratio; new CEO pick crucial for stock's future path

Q4 gross margin falls 550 basis points to 54.9%

Stock rated "hold" on average; median PT is $189.5, per data compiled by LSEG

As of last close, LULU down ~23.3% this year

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