Lulu.O
LULU operates in the apparel and accessories industry, generating revenue primarily through the design, production, and sale of women's clothing and accessories.
Business. LULU operates in the apparel and accessories industry, generating revenue primarily through the design, production, and sale of women's clothing and accessories.
Analyst recommendations
33 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ2 2026 earnings (expected)2026-09-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
- Congressional trades
- CongressDan Newhouse — lululemon athletica inc. - Common2025-12-11 · Republican · WA · Purchase · $1,001 - $15,000
- CongressValerie Hoyle — lululemon athletica inc. - Common2025-09-23 · Democrat · OR · Sale · $1,001 - $15,000
- CongressLisa McClain — lululemon athletica inc. - Common2025-07-22 · Republican · MI · Sale · $1,001 - $15,000
- CongressLisa McClain — lululemon athletica inc. - Common2025-07-16 · Republican · MI · Purchase · $1,001 - $15,000
- CongressRob Bresnahan — lululemon athletica inc. - Common2025-01-13 · Republican · PA · Sale · $1,001 - $15,000
- CongressJonathan Jackson — lululemon athletica inc. - Common2024-04-02 · Democrat · IL · Sale · $15,001 - $50,000
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
LULU operates in the apparel and accessories industry, generating revenue primarily through the design, production, and sale of women's clothing and accessories.
LULU maintains a strong liquidity position, with a current ratio of 2.26 and $1.81 billion in cash and equivalents, indicating a robust ability to meet short-term obligations. The company has no long-term debt, and its debt-to-equity ratio is 0.0, reflecting a conservative capital structure. Free cash flow of $1.40 billion supports operational flexibility and potential for shareholder returns or reinvestment.
Profitability metrics show LULU outperforms the industry median in return on equity (31.83%) and return on assets (18.67%), indicating efficient use of equity and asset base. Gross profit of $6.28 billion and operating income of $2.21 billion suggest strong pricing power and cost control. These figures align with the industry's preferred metrics of gross margin and operating margin, which are key indicators of competitive positioning in the apparel sector.
LULU's revenue is concentrated in a single business segment, with no disclosed geographic breakdown, suggesting a high degree of exposure to the U.S. market and potential vulnerability to regional economic shifts. The company's revenue concentration in a single segment increases the risk of volatility if demand for its core products declines.
Outlook data indicates a positive growth trajectory, with revenue expected to increase in the current fiscal year and beyond. The company's operating cash flow of $1.60 billion and free cash flow of $1.40 billion support this growth narrative, providing a financial buffer for expansion or strategic investments. Analysts have assigned a mean price target of $181.06, with a median of $175.00, reflecting a generally optimistic view of the company's future performance.
Risk assessment reveals low liquidity and dilution risks, with no immediate filing-based flags detected. The absence of long-term debt and the presence of substantial cash reserves mitigate financial risk. However, the company's reliance on a single product line and geographic market could expose it to sector-specific downturns or regulatory changes.
Recent events, including analyst estimates and price targets, suggest a stable but cautious market sentiment. The company has not disclosed any recent major events or filings that would significantly alter its risk profile. The mean recommendation of 2.88 from analysts indicates a slight lean toward a hold rating, with 29 out of 32 analysts recommending a hold.
- LULU has a strong liquidity position with a current ratio of 2.26 and $1.81 billion in cash and equivalents.
- The company's return on equity (31.83%) and return on assets (18.67%) outperform industry medians, indicating strong profitability.
- LULU's revenue is concentrated in a single business segment, increasing exposure to market volatility.
- Analysts project a mean price target of $181.06, with a median of $175.00, reflecting a generally optimistic outlook.
- The company has low liquidity and dilution risks, with no immediate filing-based flags detected.
Bull / Bear case
analysis pipelineIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 12,32 |
| Revenue | —no estimate | —no estimate | 11,5B USD |
| Operating income | —no estimate | —no estimate | 2,0B USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- No immediate filing-based liquidity or dilution flags were detected.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Chief Brand Officer · Performance Share Units → Common StockDisposed 3 754exercise · 2026-03-30
- Pres, CCO & Interim Co-CEO · Performance Share Units → Common StockDisposed 4 692exercise · 2026-03-30
- CFO & Interim Co-CEO · Performance Share Units → Common StockDisposed 3 754exercise · 2026-03-30
- Chief AI & Technology Officer · Stock Options (Right to Buy) → Common StockAcquired 14 722 @ $165,57grant · 2026-03-19
- Chief Brand Officer · Stock Options (Right to Buy) → Common StockAcquired 14 042 @ $165,57grant · 2026-03-19
- Pres, CCO & Interim Co-CEO · Stock Options (Right to Buy) → Common StockAcquired 20 384 @ $165,57grant · 2026-03-19
- CFO & Interim Co-CEO · Stock Options (Right to Buy) → Common StockAcquired 20 384 @ $165,57grant · 2026-03-19
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- LULU.O Market data — financials · 2026-05-28
- Lululemon Athletica Inc Market data — analyst estimates · 2026-05-28
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,10 %$223M
- Investment Managers · as of 2024-12-310,08 %$268M
- Investment Managers · as of 2024-06-300,06 %$2 730M
- Investment Managers · as of 2026-03-310,06 %$89M
- Funds · as of 2026-03-310,04 %$278M
- Investment Managers · as of 2025-12-310,04 %$2 775M
- Investment Managers · as of 2026-03-310,04 %$185M
- Institutional Investor · as of 2026-03-310,03 %$659M
- Investment Managers · as of 2026-03-310,03 %$473M
- Institutional Investor · as of 2022-09-300,03 %$0M
- Investment Managers · as of 2026-03-310,02 %$47M
- Investment Managers · as of 2026-03-310,02 %$692M
- Investment Managers · as of 2026-03-310,02 %$109M
- Investment Managers · as of 2026-03-310,02 %$133M
- Investment Managers · as of 2026-03-310,02 %$152M
- Investment Managers · as of 2026-03-310,02 %$280M
- Institutional Investor · as of 2026-03-310,02 %$83M
- Investment Managers · as of 2026-03-310,01 %$107M
- Brokerage Firms · as of 2026-03-310,01 %$68M
- Investment Managers · as of 2026-03-310,01 %$74M
- Investment Managers · as of 2026-03-310,01 %$23M
- Investment Managers · as of 2026-03-310,01 %$26M
- Institutional Investor · as of 2026-03-310,01 %$16M
- Investment Managers · as of 2026-03-310,01 %$11M
- Institutional Investor · as of 2026-03-310,01 %$25M
- Brokerage Firms · as of 2026-03-310,00 %$12M
- Investment Managers · as of 2026-03-310,00 %$15M
- Investment Managers · as of 2026-03-310,00 %$13M
- Investment Managers · as of 2026-03-310,00 %$4M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$2M
- Institutional Investor · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Marti A. MorfittExecutive Chairman of the Board
Insider activity
- Director · Common StockBought 4 275 @ $117,05$500K · 2026-06-15
- Director · Common StockOther 247 · 2026-06-09
- CFO & Interim Co-CEO · Common StockOther 28 @ $117,55$3K · 2026-06-08
- Chief Brand Officer · Common StockOther 55 @ $117,55$6K · 2026-06-08
- Chief Brand Officer · Common StockSold 622 @ $161,00$100K · 2026-04-08
- Pres, CCO & Interim Co-CEO · Common StockBought 3 275 @ $151,02$495K · 2026-04-01
- Pres, CCO & Interim Co-CEO · Common StockOther 357 @ $153,10$55K · 2026-03-31
- Chief Brand Officer · Common StockOther 369 @ $153,10$56K · 2026-03-31
- CFO & Interim Co-CEO · Common StockOther 400 @ $153,10$61K · 2026-03-31
- Pres, CCO & Interim Co-CEO · Common StockOther 4 692 · 2026-03-30
- CFO & Interim Co-CEO · Common StockOther 201 @ $145,83$29K · 2026-03-30
- CFO & Interim Co-CEO · Common StockOther 1 977 @ $145,83$288K · 2026-03-30
- Chief Brand Officer · Common StockOther 1 979 @ $145,83$289K · 2026-03-30
- Chief Brand Officer · Common StockOther 3 754 · 2026-03-30
- Pres, CCO & Interim Co-CEO · Common StockOther 224 @ $145,83$33K · 2026-03-30
- Pres, CCO & Interim Co-CEO · Common StockOther 2 206 @ $145,83$322K · 2026-03-30
- CFO & Interim Co-CEO · Common StockOther 3 754 · 2026-03-30
- Chief Brand Officer · Common StockOther 201 @ $145,83$29K · 2026-03-30
- Pres, CCO & Interim Co-CEO · Common StockOther 220 @ $158,72$35K · 2026-03-25
- Chief Brand Officer · Common StockOther 224 @ $158,72$36K · 2026-03-25
- CFO & Interim Co-CEO · Common StockOther 246 @ $158,72$39K · 2026-03-25
- Director · Common StockBought 6 090 @ $164,20$1 000K · 2026-03-20
- Pres, CCO & Interim Co-CEO · Common StockOther 5 436 · 2026-03-19
- Director · Common StockOther 1 087 · 2026-03-19
- Chief AI & Technology Officer · Common StockOther 3 926 · 2026-03-19
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Shareholders' equity (YoY) (2026-02-01 vs 2025-02-02): 14.7%Derived (calculated)
- Net margin (FY 2026-02-01): 14.2%Derived (calculated)
- Gross margin (FY 2026-02-01): 56.6%Derived (calculated)
- Return on equity (FY 2026-02-01): 31.8%Derived (calculated)
- Return on assets (FY 2026-02-01): 18.7%Derived (calculated)
- Current ratio (FY 2026-02-01): 2.26xDerived (calculated)
- Debt-to-equity (FY 2026-02-01): 0.70xDerived (calculated)
- Capex (YoY) (2026-02-01 vs 2025-02-02): -1.2%Derived (calculated)
- Cost of revenue (YoY) (2026-02-01 vs 2025-02-02): 11.6%Derived (calculated)
- EPS (basic) (YoY) (2026-02-01 vs 2025-02-02): -9.5%Derived (calculated)
- EPS (diluted) (YoY) (2026-02-01 vs 2025-02-02): -9.4%Derived (calculated)
- Gross profit (YoY) (2026-02-01 vs 2025-02-02): 0.2%Derived (calculated)
- Net income (YoY) (2026-02-01 vs 2025-02-02): -13.0%Derived (calculated)
- Operating cash flow (YoY) (2026-02-01 vs 2025-02-02): -29.5%Derived (calculated)
- Operating income (YoY) (2026-02-01 vs 2025-02-02): -11.8%Derived (calculated)
- Revenue (YoY) (2026-02-01 vs 2025-02-02): 4.9%Derived (calculated)
- Total assets (YoY) (2026-02-01 vs 2025-02-02): 11.2%Derived (calculated)
- Total liabilities (YoY) (2026-02-01 vs 2025-02-02): 6.6%Derived (calculated)
- Capex (annual): USD 680.8MSEC XBRL filing
- Current assets (annual): USD 4.26BSEC XBRL filing
- Gross profit (annual): USD 6.28BSEC XBRL filing
- Shares outstanding (annual): 111.38MSEC XBRL filing
- EPS (diluted) (annual): USD-PER-SHARES 13SEC XBRL filing
- Operating cash flow (annual): USD 1.6BSEC XBRL filing