NasdaqGS:LULULuxury
lululemon athletica (LULU) Is Down 11.0% After Outlook Cut And Founder Deal - Has The Bull Case Changed?
In early June 2026, lululemon athletica reported first‑quarter sales of US$2,471.6 million with significantly lower net income and earnings per share than a year earlier, cut its full‑year outlook, and issued guidance for a 2%–3% revenue decline in the second quarter alongside ongoing U.S. demand and margin pressures.
At the same time, the company moved to resolve tensions with founder Chip Wilson through a cooperation agreement that reshapes its board and governance, while management...