lululemon athletica inc.

lululemon athletica inc. removed roughly $1.45 per share from its own FY2026 earnings outlook on September 3, 2026 -- the second reduction of the year. Levi & Korsinsky is investigating potential securities law violations on behalf of LULU shareholders.

NEW YORK, Sept. 16, 2026 /PRNewswire/ -- Roughly $1.45 per share was stripped from lululemon athletica inc.'s (NASDAQ: LULU) full-year earnings outlook on September 3, 2026, when the Company cut FY2026 EPS guidance to $9.48-$9.73 from $10.95-$11.15 -- the second reduction of the year. If you held LULU shares and lost money, you are encouraged to have your losses reviewed now. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

The revenue outlook was cut by $650 million at both ends of the range that same day, to $10.35-$10.50 billion from $11.00-$11.15 billion. At the revised range, FY2026 revenue implies an annual decline of 5% to 7%. Management projected third-quarter revenue to fall 10% to 11%.

The reset accompanied second-quarter results in which net revenue decreased 4% to approximately $2.4 billion, comparable sales decreased 9% (10% on a constant dollar basis), and Americas comparable sales decreased 12%. Levi & Korsinsky is investigating potential securities law violations on behalf of LULU investors.

Shareholders who purchased lululemon athletica inc. stock and suffered a loss may speak with an attorney about their potential recovery, or call Joseph E. Levi, Esq. at (212) 363-7500.

Levi & Korsinsky, LLP -- Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered.

Frequently Asked Questions About the LULU Investigation

Q: Who is conducting the LULU investigation?A: Levi & Korsinsky, LLP is investigating potential securities fraud claims on behalf of investors who purchased LULU securities. The firm is nationally recognized, ranked in the ISS Top 50 for seven consecutive years, and has recovered hundreds of millions of dollars for aggrieved investors.

Q: Who is eligible to participate in the LULU investigation?A: Investors who purchased LULU stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: Which statements are being investigated as potentially misleading?A: The investigation concerns whether lululemon athletica inc. made materially false or misleading statements regarding its FY2026 revenue and earnings outlook and its sales trends. When the Company reduced FY2026 revenue guidance to $10.35-$10.50 billion and EPS guidance to $9.48-$9.73, the share price declined.

Q: What do LULU investors need to do right now?A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.

Q: What documents do I need to participate?A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

Q: What if I already sold my LULU shares -- can I still recover losses?A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought LULU and sold at a loss may still participate in the investigation.

Q: What if my LULU losses are small -- is it still worth contacting a lawyer?A: Yes. There is no minimum loss amount required to participate in the investigation.

Q: What does it cost me to participate?A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

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SOURCE Levi & Korsinsky, LLP

BFA Law is investigating whether Lululemon committed securities fraud by making false and misleading statements to investors regarding the strength of its growth and overall business health.

NEW YORK, Sept. 15, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into lululemon athletica inc. (NASDAQ:LULU) for potential securities fraud after significant stock drops.

If you invested in Lululemon, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/lululemon-class-action-lawsuit.

Key Details of the Lululemon ($LULU) Class Action Investigation:

• Investigation Overview: Securities fraud investigation relating to Lululemon's misrepresentations about the strength of its growth and overall business health
• Largest Stock Drop: September 4, 2026 – 17.4% Stock Drop
• Action: Contact BFA Law to discuss your rights

Why is Lululemon Being Investigated for Securities Fraud?

Lululemon is being investigated for securities fraud following significant stock drops. The decline in Lululemon's stock price caused significant losses to investors.

Lululemon is a designer, distributor, and retailer of technical athletic apparel, footwear, and accessories. Lululemon's apparel includes pants, shorts, tops, and jackets designed for athletic activities, as well as fitness-oriented apparel and accessories. 

BFA is investigating whether Lululemon misled investors about the strength of its growth and overall business health.

Why did Lululemon's Stock Drop? 

On April 22, 2026, after market close, Lululemon announced that Heidi O'Neill would be appointed as CEO effective September 8, 2026.  Analysts expressed skepticism that O'Neill was well-suited for this role given her background. 

On this news, the price of Lululemon stock declined by $21.79 per share, or 13.3%, from a closing price of $163.45 per share on April 22, 2026, to a closing price of $141.66 per share on April 23, 2026. 

Then, on June 4, 2026, after market close, Lululemon disclosed that gross margins were down 4% year-over-year.  Further, sales trends slowed at the end of the quarter due to both negative media commentary about Lululemon's products and underwhelming results from new product launches. 

On this news, the price of Lululemon stock declined by $10.96 per share, or 8.6%, from a closing price of $124.92 per share on June 4, 2026 to a closing price of $114.23 per share on June 5, 2026. 

Then, on September 3, 2026, after market close, Lululemon announced a year-over-year revenue decline of 4.3%, including a 10% decline in same-store sales a 20% decline in Lululemon's core products—leggings and women's tops—during the quarter.  Management lowered FY26 revenue, operating margins, EPS guidance, and issued fiscal 3Q26 EPS guidance which was 60% below analysts' expectations. 

On this news, the price of Lululemon stock declined by $21.16 per share, or 17.4%, from a closing price of $121.77 per share on September 3, 2026 to a closing price of $100.61 per share on September 4, 2026. 

Click here for more information: https://www.bfalaw.com/cases/lululemon-class-action-lawsuit.

What Can You Do?

If you invested in Lululemon, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you.  Shareholders are not responsible for any court costs or expenses of litigation.  The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/lululemon-class-action-lawsuit

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, "Litigation Stars" by Benchmark Litigation, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360, and "SuperLawyers" by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff's securities litigation law firm, with clients noting: "[t]here is no better service provider in the practice area," "[t]he interest of the client is always front and center," and "[t]here isn't a better firm in this space."  One testimonial described the firm as "nimble and entrepreneurial," with a "relentless focus on adding value for clients."

BFA's notable successes include a recovery of over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/lululemon-class-action-lawsuit

Attorney advertising.  Past results do not guarantee future outcomes.

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SOURCE Bleichmar Fonti & Auld LLP