Lululemon – The US athletic wear pioneer struggles in North America despite record growth in China!

Lululemon exceeds sales expectations in the first quarter, but significantly cuts the annual forecast – the stock plummets. North America is weak, while China grows by 30%. With a new CEO and board reshuffle, a turnaround is expected. Solid quarter, weak outlook – investors punish the stock Lululemon reports a revenue of $2.5 billion for the first quarter of 2026 – a 4% increase compared to the previous year and slightly above the analyst consensus of $2.43 billion. The adjusted earnings per share are at $1.69, just above the estimate...