13:33:54 EDT Fri 05 Jun 2026
Enter Symbol
or Name
USA
CA



Lululemon CDR (CAD Hedged)
Symbol LULU
Shares Issued 25,100,000
Close 2026-06-04 C$ 5.46
Market Cap C$ 137,046,000
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Globe says Lululemon lowers annual forecast

2026-06-05 07:56 ET - In the News

The Globe and Mail reports in its Friday, June 5, edition that Lululemon has lowered its forecast for the year ahead, saying it now expects revenue to be flat or fall slightly, as it faces "headwinds" that are hurting sales. The Globe's Susan Krashinsky Robertson writes that Lululemon now expects its net revenue in fiscal 2026 (which ends Jan. 31, 2027) to be roughly $11-billion (U.S.) to $11.2-billion (U.S.), which would represent declines of 0 per cent to 1 per cent compared with the prior year. Lululemon had a "solid" start to the year, but interim co-chief executive officer Meghan Frank noted that recent headwinds have led to an adjustment in the full-year outlook. During a call about Lululemon's first quarter earnings, Ms. Frank noted disappointing product launches and negative media, and social media commentary that impacted the company's image and sales. She said, "I want to emphasize that we are not sitting still, and we are moving with urgency to make the necessary adjustments to reaccelerate momentum, particularly in North America." She said Lululemon is working to strengthen its product designs, to cut the time it takes to bring new products to shelves and to improve performance.

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