
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 [email protected] 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
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
Attorney Advertising. Prior results do not guarantee similar outcomes.
SOURCE Levi & Korsinsky, LLP
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