Veytics Intelligence
2026-09-13 · NASDAQ

Is Lululemon Nearing Its Bottom?

Key Points Lululemon's stock has plunged more than 75% over the past five years. Former Nike executive Heidi O'Neill took over as Lululemon's CEO on Sept. 8. 10 stocks we like better than Lululemon Athletica Inc. › Lululemon (NASDAQ: LULU) and its once iconic yoga pants keep getting stuck in uncomfortable positions. The athleisure retailer's recent fiscal second-quarter earnings were disappointing, with revenue down 4% and the anticipated turnaround nowhere to be found. So is Lululemon nearing the bottom now? Comparable sales fared even worse this quarter, dropping 10% globally. In North America, revenue fell 8% and comparable sales were down 12%. The market reacted brutally, with shares falling more than 17% in after-hours trading.

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