Thursday, 15 October 2026 10:15 AM
Class Action
NEW YORK CITY, NY / ACCESS Newswire / October 15, 2026 / Following the first cut to the full-year earnings outlook of lululemon athletica inc. (NASDAQ:LULU) on June 4, 2026, the stock fell from a $124.92 close to $114.23 the next day, an 8.56% single-session decline. Just three months later, on September 3, 2026, guidance was cut again and the stock fell from $121.77 to close at $100.61 the following day, a 17.38% single-session decline. If you owned LULU when that guidance resets hit, you may have the right to recover what you lost. LULU investors who suffered losses are encouraged to submit their loss details for review now, or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.
On March 17, 2026, lululemon guided for fiscal 2026 diluted EPS of $12.10 to $12.30. Less than three months later, first-quarter results on June 4, 2026, showed gross margin down 410 basis points to 54.2% and operating margin down 730 basis points to 11.2%. Income from operations fell 37% to $276.9 million. The full-year EPS range was reset to $10.95 to $11.15. By September 3, it had been reset further, to $9.48 to $9.73.
Investors who lost money on LULU may have legal rights to seek compensation. Levi & Korsinsky is investigating potential securities law violations on behalf of LULU shareholders. Participation is open to those who bought shares and suffered losses, whether or not they still hold them. Having your losses reviewed costs nothing.
Shareholders who bought LULU and lost money after the outlook reset can start a free review of their LULU losses or call (212) 363-7500.
Levi & Korsinsky, LLP | Top 50 Securities Firm | (212) 363-7500 | www.zlk.com
Frequently Asked Questions About the LULU Investigation
Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether lululemon athletica inc. may have made materially false or misleading statements regarding its fiscal 2026 outlook, including expectations for China Mainland growth and a return to full-price sales growth in North America. When the Company disclosed a China Mainland shortfall and reduced guidance for both regions on September 3, 2026, the stock price declined sharply.
Q: When did lululemon allegedly mislead investors? A: The investigation concerns statements made before the corrective disclosures that allegedly caused investors to purchase securities at inflated prices.
Q: Who is eligible to participate in the LULU investigation? A: Investors who purchased LULU stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.
Q: What do LULU investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.
Q: What documents do I need to participate? A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.
Q: What if I already sold my LULU shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought LULU and sold at a loss may still participate in the investigation.
Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.
Q: Do I need to go to court or give testimony? A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.
Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
SOURCE: Levi & Korsinsky, LLP