lululemon athletica inc.

NasdaqGS:LULU Stock Report

Market Cap: US$18.8b

lululemon athletica Management

Management criteria checks 4/4

lululemon athletica's CEO is Meghan Frank, appointed in Nov 2020, has a tenure of 5.33 years. total yearly compensation is $4.41M, comprised of 18.5% salary and 81.5% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth $1.79M. The average tenure of the management team and the board of directors is 5.3 years and 3.8 years respectively.

Key information

Meghan Frank

Chief executive officer

US$4.4m

Total compensation

CEO salary percentage18.48%
CEO tenure5.3yrs
CEO ownership0.01%
Management average tenure5.3yrs
Board average tenure3.8yrs

Recent management updates

Recent updates

Lululemon - A Fundamental and Historical Valuation

Business Overview Key Metrics Total: 4/17 +1 ✅ Projected Operating Margin: 18.84% +0 ⚠️ Projected 5-Year Revenue CAGR: 4.73% +2 ✅✅ Last 5-Year ROIC: 45.98% +1 ✅ Estimated Cost of Capital: 7.18% (lower than ROIC) +1 ✅ Last 5-Year Shares Outstanding CAGR: -2.51% -1 ❌ Projected 5-Year EPS CAGR: 6.92% (lower than 10%) +0 ⚠️ Projected 5-Year Dividend CAGR: N/A +2 ✅✅ Estimated Debt Rating: Aaa -1 ❌ Morningstar Moat: Narrow -1 ❌ Morningstar Uncertainty: High Business Valuation To calculate the intrinsic value of the company I'll use multiple methods: Discounted Cash Flows (DCF) - Intrinsic value is estimated by projecting its free cash flows over the next 10 years and discounting them to present value using the estimated cost of capital ; EPS Growth - the fair value is estimated by projected the Earnings Per Share CAGR for the next 5 Years and then, given its current and historic values of PE, come up with a PE for the 5th Year. This will give us its price 5 Years from now using the formula: Price = EPS x PE that we then discount using the estimated cost of capital; Historical EV/EBITDA - we assume mean reversion to the historical EV/EBITDA values; Historical P/E - we assume mean reversion to the historical P/E values; Historical P/S - we assume mean reversion to the historical P/S values.

lululemon: The 4 Contradictions That Make A Beat Meaningless

Mar 18

Lululemon Athletica Inc. (LULU): Searching for a Floor After a "Brutal" Valuation Reset

Lululemon (LULU) concluded the March 17, 2026, trading session at $159.27 USD , down approximately 51.3% from its 52-week high of $348.50. This staggering one-year decline reflects a transition from a "hyper-growth" darling to a "value" stock as the company grapples with saturated North American demand and leadership instability.

China Is Growing 46%, The Stock Is Down 47%. Growth and Value Outside the US Market.

The Value Perspective Lululemon is currently trading at 6.8x EV/EBITDA, a 69% discount to its own 10-year median of 22x. To put that in perspective, this multiple is approaching the all-time low of 6.63x the stock has ever seen across its entire public history.

lululemon athletica inc.'s (NASDAQ:LULU) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

Dec 19
lululemon athletica inc.'s (NASDAQ:LULU) Share Price Boosted 30% But Its Business Prospects Need A Lift Too

Weekly Picks: 🛢️ The oil giant the market may still be mispricing and 2 more picks

Sep 10
Weekly Picks: 🛢️ The oil giant the market may still be mispricing and 2 more picks

Lacklustre Performance Is Driving lululemon athletica inc.'s (NASDAQ:LULU) 26% Price Drop

Jul 04
Lacklustre Performance Is Driving lululemon athletica inc.'s (NASDAQ:LULU) 26% Price Drop

Should You Think About Buying lululemon athletica inc. (NASDAQ:LULU) Now?

Jun 27
Should You Think About Buying lululemon athletica inc. (NASDAQ:LULU) Now?

lululemon athletica inc.'s (NASDAQ:LULU) 28% Share Price Surge Not Quite Adding Up

May 19
lululemon athletica inc.'s (NASDAQ:LULU) 28% Share Price Surge Not Quite Adding Up

lululemon: Why I'm Aggressively Buying The Q4 Dip? (Rating Upgrade)

Apr 27

Investors Should Be Encouraged By lululemon athletica's (NASDAQ:LULU) Returns On Capital

Apr 22
Investors Should Be Encouraged By lululemon athletica's (NASDAQ:LULU) Returns On Capital

lululemon athletica inc.'s (NASDAQ:LULU) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Apr 04
lululemon athletica inc.'s (NASDAQ:LULU) 26% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/ERatio

Bullish case for Lululemon Athletica (LULU)

Positive Analyst Ratings: Recent analyst upgrades and positive ratings reflect growing confidence in Lululemon’s future prospects. Analysts have highlighted the company’s strong growth trajectory, inn

Lululemon Earnings Preview: Looking To Reignite Growth (Rating Downgrade)

Mar 23

Lululemon: Encouraging Earnings Revisions, Raising My Price Target

Feb 15

Lululemon: I Am Not Selling My Shares Yet

Jan 13

CEO Compensation Analysis

How has Meghan Frank's remuneration changed compared to lululemon athletica's earnings?
DateTotal CompensationSalaryCompany Earnings
Feb 01 2026n/an/a

US$2b

Nov 02 2025n/an/a

US$2b

Aug 03 2025n/an/a

US$2b

May 04 2025n/an/a

US$2b

Feb 02 2025US$4mUS$814k

US$2b

Oct 27 2024n/an/a

US$2b

Jul 28 2024n/an/a

US$2b

Apr 28 2024n/an/a

US$2b

Jan 28 2024US$4mUS$738k

US$2b

Oct 29 2023n/an/a

US$1b

Jul 30 2023n/an/a

US$1b

Apr 30 2023n/an/a

US$955m

Jan 29 2023US$3mUS$685k

US$855m

Oct 30 2022n/an/a

US$1b

Jul 31 2022n/an/a

US$1b

May 01 2022n/an/a

US$1b

Jan 30 2022US$2mUS$567k

US$975m

Oct 31 2021n/an/a

US$871m

Aug 01 2021n/an/a

US$827m

May 02 2021n/an/a

US$705m

Jan 31 2021US$2mUS$469k

US$589m

Compensation vs Market: Meghan's total compensation ($USD4.41M) is below average for companies of similar size in the US market ($USD14.10M).

Compensation vs Earnings: Meghan's compensation has been consistent with company performance over the past year.

CEO

Meghan Frank (47 yo)

5.3yrs
Tenure
US$4,407,239
Compensation

Ms. Meghan C. Frank is Director of Best Buy Co. Inc. from September 12, 2025. Ms. Frank has been an Independent Director of KKR Acquisition Holdings I Corp. since June 10, 2021. She serves as the Chief Fin...

Leadership Team

NamePositionTenureCompensationOwnership
Martha A. Morfitt
Executive Chair17.3yrsUS$433.59k0.076%
$ 14.4m
Meghan Frank
Interim Co-CEO & CFO5.3yrsUS$4.41m0.0095%
$ 1.8m
Andre Maestrini
Interim Co-CEOless than a yearUS$4.19m0.0082%
$ 1.6m
Calvin McDonald
Senior Advisorless than a yearUS$14.55m0.096%
$ 18.0m
Nicole Neuburger
Chief Brand & Product Activation Officer6.2yrsUS$4.34m0.0047%
$ 882.7k
Ranju Das
Chief AI & Technology Officerless than a yearno datano data
Howard Tubin
Vice President of Investor Relationsno datano datano data
Shannon Higginson
Chief Legal & Compliance Officer6.3yrsno datano data
Susan Gelinas
Chief People & Culture Officer6.3yrsno datano data
Jennifer Battersby
Senior Vice President of Product Engineno datano datano data
Ted Dagnese
Chief Supply Chain Officerno datano datano data
Stacia Jones
VP and Global Head of Inclusion5.3yrsno datano data
5.3yrs
Average Tenure
53yo
Average Age

Experienced Management: LULU's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Martha A. Morfitt
Executive Chair17.3yrsUS$433.59k0.076%
$ 14.4m
David Mussafer
Lead Independent Director11.5yrsUS$338.59k0.019%
$ 3.6m
Jonathan McNeill
Independent Director9.9yrsUS$273.59k0.0078%
$ 1.5m
Alison Loehnis
Independent Director4.2yrsUS$273.59k0.0019%
$ 357.6k
Teri List-Stoll
Independent Director2yrsUS$225.09k0.0011%
$ 201.4k
P. Doraiswamy
Member of Mental Wellbeing Global Advisory Board2.6yrsno datano data
Kathryn Henry
Independent Director10.2yrsUS$286.09k0.0048%
$ 897.8k
Emily White
Independent Director14.3yrsUS$310.66k0.017%
$ 3.1m
Isabel Ge Mahe
Independent Director3.3yrsUS$281.09k0.0016%
$ 301.1k
Daniel Gillison
Member of Mental Wellbeing Global Advisory Board2.6yrsno datano data
Alfiee Breland-Noble
Member of Mental Wellbeing Global Advisory Board2.6yrsno datano data
Stephanie Brill
Member of Mental Wellbeing Global Advisory Board2.6yrsno datano data
3.8yrs
Average Tenure
58yo
Average Age

Experienced Board: LULU's board of directors are considered experienced (3.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/23 10:12
End of Day Share Price 2026/03/23 00:00
Earnings2026/02/01
Annual Earnings2026/02/01

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

lululemon athletica inc. is covered by 58 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Mark AltschwagerBaird
Stacy PakBarclays