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Lululemon Athletica faces a tougher 2026 as U.S. demand cools

Lululemon Athletica is learning what happens when the vibe shifts

KAHROS Team

TL;DR

Quick Summary

  • Lululemon’s March 17, 2026 report beat expectations for the quarter, but fiscal 2026 outlook pointed to a tougher year ahead.
  • The company guided fiscal 2026 EPS to $12.10–$12.30, below the prior year’s $13.26, with the Americas flagged as the pressure point.
  • Lululemon added former Levi Strauss CEO Chip Bergh to the board as founder Chip Wilson pushes for board changes.

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