Lululemon Cuts Fiscal 2026 Earnings Forecast on Weak US and China Sales
Lululemon expects to cut its fiscal 2026 earnings forecast by about $1.25 per share to $9.70 to $9.90, citing weak sales in China and the U.S. The update would be the second earnings-outlook reduction, after prior cuts from Q4 fiscal 2025 and Q1 fiscal 2026. Americas revenue fell 3% and comparable sales dropped 5%.