William Blair Analysts Reduce Earnings Estimates for LULU

lululemon athletica inc. (NASDAQ:LULU - Free Report) - Equities researchers at William Blair reduced their Q3 2026 earnings estimates for shares of lululemon athletica in a research report issued on Wednesday, July 16th. William Blair analyst S. Zackfia now expects that the apparel retailer will post earnings per share of $3.16 for the quarter, down from their previous estimate of $3.21. William Blair currently has a "Outperform" rating on the stock. The consensus estimate for lululemon athletica's current full-year earnings is $14.36 per share. William Blair also issued estimates for lululemon athletica's Q4 2026 earnings at $6.02 EPS and FY2026 earnings at $14.65 EPS.

lululemon athletica (NASDAQ:LULU - Get Free Report) last issued its quarterly earnings data on Thursday, June 5th. The apparel retailer reported $2.60 EPS for the quarter, hitting the consensus estimate of $2.60. The business had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.36 billion. lululemon athletica had a net margin of 16.82% and a return on equity of 43.48%. lululemon athletica's quarterly revenue was up 7.3% compared to the same quarter last year. During the same period last year, the business posted $2.54 earnings per share.

A number of other research firms also recently weighed in on LULU. Barclays reduced their target price on shares of lululemon athletica from $276.00 to $270.00 and set an "equal weight" rating on the stock in a research report on Monday, June 9th. BTIG Research cut their price objective on shares of lululemon athletica from $420.00 to $405.00 and set a "buy" rating on the stock in a report on Friday, June 6th. Citigroup lowered their target price on shares of lululemon athletica from $325.00 to $270.00 and set a "neutral" rating for the company in a report on Friday, June 6th. Robert W. Baird dropped their price target on lululemon athletica from $350.00 to $340.00 and set an "outperform" rating on the stock in a research report on Friday, June 6th. Finally, Evercore ISI raised their price objective on lululemon athletica from $320.00 to $400.00 and gave the company an "outperform" rating in a research report on Tuesday, June 3rd. One analyst has rated the stock with a sell rating, twelve have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $340.26.

lululemon athletica Trading Down 1.5%

LULU opened at $229.77 on Monday. The company has a market cap of $27.54 billion, a price-to-earnings ratio of 15.57, a price-to-earnings-growth ratio of 1.95 and a beta of 1.17. The stock has a fifty day simple moving average of $269.27 and a two-hundred day simple moving average of $311.00. lululemon athletica has a 12-month low of $219.97 and a 12-month high of $423.32.

Insiders Place Their Bets

In other lululemon athletica news, CEO Calvin Mcdonald sold 27,049 shares of the business's stock in a transaction dated Friday, June 27th. The stock was sold at an average price of $235.69, for a total transaction of $6,375,178.81. Following the completion of the sale, the chief executive officer directly owned 110,564 shares in the company, valued at $26,058,829.16. The trade was a 19.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.54% of the company's stock.

Institutional Trading of lululemon athletica

Several large investors have recently added to or reduced their stakes in the business. N.E.W. Advisory Services LLC purchased a new position in shares of lululemon athletica during the 1st quarter worth $25,000. Cornerstone Planning Group LLC lifted its position in lululemon athletica by 506.3% during the first quarter. Cornerstone Planning Group LLC now owns 97 shares of the apparel retailer's stock valued at $26,000 after purchasing an additional 81 shares in the last quarter. Flaharty Asset Management LLC bought a new stake in lululemon athletica during the first quarter valued at about $29,000. Anderson Financial Strategies LLC purchased a new stake in lululemon athletica in the fourth quarter worth about $30,000. Finally, Zions Bancorporation National Association UT bought a new position in shares of lululemon athletica in the first quarter worth about $31,000. 85.20% of the stock is currently owned by institutional investors.

About lululemon athletica

Lululemon Athletica Inc, together with its subsidiaries, designs, distributes, and retails athletic apparel, footwear, and accessories under the lululemon brand for women and men. It offers pants, shorts, tops, and jackets for healthy lifestyle, such as yoga, running, training, and other activities. It also provides fitness-inspired accessories.

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