Tuesday, 03 November 2026 02:30 PM
Class Action
Securities Class Action Filed on Behalf of Lululemon Investors Who Acquired Securities Between March 18, 2026 and September 3, 2026; Lead Plaintiff Deadline January 4, 2027
PHILADELPHIA, PA / ACCESS Newswire / November 3, 2026 / Kehoe Law Firm, P.C. announces that a securities class action lawsuit has been filed against lululemon athletica inc. ("lululemon" or the "Company") (NASDAQ:LULU) and certain Company executives in United States District Court for the District of New Jersey.
The lawsuit was filed on behalf of investors who purchased or otherwise acquired lululemon securities between March 18, 2026 and September 3, 2026, both dates inclusive (the "Class Period").
According to the complaint, lululemon and certain executives allegedly made materially false or misleading statements and omitted material information concerning deteriorating customer traffic and product demand, the Company's fiscal 2026 financial guidance, and the strength of its turnaround plan, particularly in North America and mainland China.
On June 4, 2026, lululemon reduced its fiscal 2026 revenue and earnings guidance, citing declining store traffic, negative media and social-media commentary, and weaker-than-expected responses to certain product launches. lululemon shares fell $10.69 per share, or 8.56%, closing at $114.23 on June 5, 2026.
On September 3, 2026, lululemon again reduced its fiscal 2026 financial guidance, reporting continued pressures on customer traffic and product demand. lululemon shares fell $21.16 per share, or 17.38%, closing at $100.61 on September 4, 2026.
lululemon (LULU) Investors: If you purchased or otherwise acquired lululemon securities during the Class Period and suffered financial losses, you are encouraged to complete Kehoe Law Firm's Stockholder Information Request Form or contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, [email protected], [email protected], to learn more about the lawsuit and receive a free, no-obligation legal evaluation.
Lead Plaintiff Deadline: Investors seeking appointment as lead plaintiff must move the Court by January 4, 2027. An investor's ability to share in any potential recovery does not depend on serving as lead plaintiff.
Additional Information: https://kehoelawfirm.com/lululemon-class-action-lulu/
ABOUT KEHOE LAW FIRM, P.C.
Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action law firm representing investors, consumers, and employees in matters involving securities fraud, corporate misconduct, mergers and acquisitions, antitrust violations, whistleblower claims, data breaches, consumer fraud, employment law violations, as well as ERISA and retirement plan litigation. Its attorneys have served as lead or co-lead counsel in major securities cases, recovering more than $10 billion for institutional and individual investors.
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SOURCE: Kehoe Law Firm, P.C.