Lululemon is currently navigating a transition from high-growth expansion to a more mature operational phase, characterized by significant margin compression and slowing revenue growth. While the company maintains a robust balance sheet with a 2.23 current rat...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth has decelerated to 4.3% in 2026Q1, while operating margins have compressed sharply to 11.2% from the 28.9% peak observed in 2024Q4.
Lululemon has a strong competitive moat, supported by its premium brand positioning and loyal customer base.
The company maintains premium pricing power, allowing it to sustain high margins despite market fluctuations.
Lululemon is strategically growing its men's apparel segment, diversifying its revenue streams beyond women's activewear.
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Sep 3, 2026 | $2.92+63.1% vs $1.79 | $2.4B-1.7% vs $2.5B |
Q3 2026 Jun 4, 2026 | $1.69+1.2% vs $1.67 | $2.5B+1.4% vs $2.4B |
Q2 2026 Mar 17, 2026 | $5.01+5.3% vs $4.76 | $3.6B+1.8% vs $3.6B |
Q4 2025 Dec 11, 2025 | $2.59+16.7% vs $2.22 | $2.6B+3.4% vs $2.5B |
The State Street Consumer Staples Select Sector SPDR ETF (XLP) has climbed 6.6% so far in 2026, according to State Street data as of September 21. The State Street Consumer Discretionary Select Sector SPDR ETF (XLY) has fallen more than 7% over the same stretch, a 13.
On September 21, 2026, Lululemon Athletica Inc (LULU) shares rose 3.3% today, currently priced at $101.30. The stock has traded within a 52-week range of $95.35
Lululemon now trades at extremely cheap valuations after a sharp decline to under $100 per share. I initiated a 3% position, viewing the bottom as in or near, with plans to build further if the price stabilizes in the $80s. Even with modest 5% annual EPS growth, LULU offers high alpha potential; my blended intrinsic value estimate is $158.
Lululemon's sales have been declining, and they may be down as much as 11% in the current quarter. The company's new CEO, Heidi O'Neill, took over this month, with many problems to fix.
Benchmark LULU against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Lululemon Athletica Inc. (LULU)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $102.28 | $11.61B | 7.71 | 4.86% | 14.22% | 34.01% | — | |
| $36.05 | $53.35B | 17.17 | 0.19% | 6.7% | 22% | — | |
| $4.53 | $1.93B | -3.91 | -3.86% | -9.96% | -32.12% | — | |
| $124.62 | $6.19B | -83.08 | -1.5% | 14.63% | 43.41% | — | |
| $75.39 | $3.48B | 142.25 | 3.44% | -0.98% | -1.76% | — | |
| $337.47 | $20.59B | 22.33 | 14.63% | 11.76% | 35.64% | — |
Lululemon Athletica Inc. (LULU) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Lululemon Athletica Inc. (LULU) SEC filings — annual & quarterly reports (10-K, 10-Q)
Sep 3, 2026·SEC
Aug 13, 2026·SEC
Jun 4, 2026·SEC
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Lululemon Athletica Inc. (LULU) stock FAQ — growth, dividends, profitability & financials explained
Lululemon Athletica Inc. (LULU) reported $11.09B in revenue for fiscal year 2025. This represents a 13087% increase from $84.1M in 2005.
Lululemon Athletica Inc. (LULU) grew revenue by 4.9% over the past year. Growth has been modest.
Yes, Lululemon Athletica Inc. (LULU) is profitable, generating $1.42B in net income for fiscal year 2025 (14.2% net margin).
Lululemon Athletica Inc. (LULU) has a return on equity (ROE) of 34.0%. This is excellent, indicating efficient use of shareholder capital.
Lululemon Athletica Inc. (LULU) generated $1.35B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
