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● TRACKER Updated 11d ago · 7 sources tracked

Lululemon Cuts Outlook Again After Another Tough Quarter for Sales

Lululemon shares plummeted between 15% and 20% after the company reported disappointing second quarter fiscal 2026 results and lowered its full-year revenue and earnings guidance. The decline follows a slump in demand across the Americas. The stock hit an eight-year low on Friday as the retailer struggled with sales performance. While the company confirmed the outlook cut, investors reacted sharply to the combined impact of weak current sales and a diminished forecast for the remainder of the fiscal year.

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  • ✓ Lululemon reduced its fiscal 2026 revenue and earnings outlook.
  • ✓ The company reported weak second quarter sales, specifically noting falling demand in the Americas.
  • ✓ Lululemon stock experienced a significant price drop on Friday.
  • ✓ The company announced its second quarter fiscal 2026 results.
🛡️ Source Corroboration: 7 independent reporting domains (90% confidence) ⏱ Read time: ~2 min

What changed

Lululemon released its second quarter fiscal 2026 results and reduced its full-year financial guidance.

Live updates

  1. Lululemon Slashes Fiscal 2026 Outlook Following Weak Second Quarter Sales

    Lululemon shares plummeted between 15% and 20% after the company reported disappointing second quarter fiscal 2026 results and lowered its full-year revenue and earnings guidance. The decline follows a slump in demand across the Americas. The stock hit an eight-year low on Friday as the retailer struggled with sales performance. While the company confirmed the outlook cut, investors reacted sharply to the combined impact of weak current sales and a diminished forecast for the remainder of the fiscal year.

    Why it matters

    The sales slump occurs during a period of leadership transition as the company prepares for a CEO handoff. This volatility reflects broader challenges for the premium athletic apparel market. Investors are weighing the effectiveness of the new leadership in stabilizing demand.

    What is confirmed

    • Lululemon reduced its fiscal 2026 revenue and earnings outlook.
    • The company reported weak second quarter sales, specifically noting falling demand in the Americas.
    • Lululemon stock experienced a significant price drop on Friday.
    • The company announced its second quarter fiscal 2026 results.

    Still unconfirmed

    • Lululemon shares plunged 17% to an eight-year low.
    • Michael Burry called Lululemon a trickster and plans to buy more shares under $100.
    • Lululemon stock sank 18% overnight.
    • Lululemon stock plunged 20% pre-market.

    What to watch next

    • Details on the specific CEO handoff timeline and leadership strategy
    • Updated sales data for the Americas region in the next quarter
    • Further guidance adjustments for the 2026 fiscal year
    Sources used for this update (7)
    1. CNBC — Lululemon stock plunges 15% on disappointing earnings and outlook
    2. WSJ — Lululemon Cuts Outlook Again After Another Tough Quarter for Sales
    3. Lululemon — lululemon athletica inc. Announces Second Quarter Fiscal 2026 Results
    4. Bloomberg.com — Lululemon Cuts Outlook Again as New CEO’s Challenges Grow
    5. Yahoo Finance — LULU Stock Sinks 18% Overnight: Michael Burry Says Lululemon Is A ‘Trickster’ As He Vows To Buy More Under $100
    6. blockonomi.com — Lululemon (LULU) Stock: Plunges 20% After Weak Q2 Sales and Guidance Cut
    7. nypost.com — Lululemon shares plunge 17% as retailer slashes outlook ahead of CEO handoff
    confidence 90%
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