FTSE drops Lululemon: Lululemon Athletica stock sits 58.37 percent below its high
Published on 10/02/2026 at 17:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Lululemon Athletica (ISIN US5500211090) was dropped from the FTSE All-World Index on September 21, 2026, and its Nasdaq price of USD 94.08 stood 58.37 percent below the USD 225.98 52-week high, according to MarketScreener. The valuation pressure follows a difficult second quarter, with revenue down 4.00 percent to USD 2.42 billion.
Demand weakened in fiscal 2026
According to lululemon in its September 3, 2026 release, second-quarter fiscal 2026 diluted earnings per share were USD 2.92, down from USD 3.10 in the second quarter of fiscal 2025. Comparable sales declined 9.00 percent, while Americas revenue fell 8.00 percent.
The reported gross margin was 60.50 percent in the second quarter of fiscal 2026, compared with 58.50 percent a year earlier. The improvement included USD 134.5 million of tariff refunds, which added USD 0.86 per share after tax and makes the earnings figure less representative of underlying demand.
Guidance points to a reset
For fiscal 2026, the company expects revenue of USD 10.350 billion to USD 10.500 billion, a projected decline of 5.00 percent to 7.00 percent from fiscal 2025. Third-quarter fiscal 2026 revenue guidance is USD 2.290 billion to USD 2.320 billion, with diluted earnings per share of USD 0.93 to USD 0.98, according to lululemon.
The company ended the second quarter of fiscal 2026 with 825 stores after opening nine net locations during the period. That expansion contrasts with the weaker demand signal: total comparable sales fell 9.00 percent, and Americas comparable sales fell 12.00 percent.
Analysts lower the bar
On September 14, 2026, Rothschild and Co Redburn cut its price target for Lululemon to USD 90 from USD 110 and retained a Sell rating, as reported by MarketScreener. Citigroup also cut its target to USD 117 from USD 130 on September 9, 2026, while keeping a Neutral rating.
Euro quote remains under pressure
Lululemon stock was trading at EUR 84.05 at Lang & Schwarz on October 2, 2026 at 5:03 p.m. CEST, down 1.58 percent versus the Lang & Schwarz prior close of EUR 85.40 on October 1, 2026. The reference price is an intraday euro quote, while the Nasdaq context showed USD 94.08 against a USD 225.98 52-week high on October 2, 2026.
The further course of trading is shown by the continuously updated real-time quote of Lululemon Athletica stock.
Lululemon Athletica stock facts
- Company: lululemon athletica inc.
- ISIN: US5500211090
- Ticker: LULU
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 2, 2026, 5:03 p.m. CEST): EUR 84.05
- Change versus prior close: minus 1.58 percent
- Prior close Lang & Schwarz (October 1, 2026): EUR 85.40
- Market capitalization: USD 10.7 billion (as of October 2, 2026)
- 52-week range: USD 94.08-225.98 (as of October 2, 2026)
- Sector / Industry: Consumer Cyclical / Apparel and Accessories
