lululemon athletica inc. reduced its FY2026 revenue outlook by roughly $650 million at the midpoint on September 3, 2026 and now projects third-quarter revenue to fall 10% to 11%. Levi & Korsinsky is investigating potential securities law violations -- LULU shareholders who lost money have legal rights.

Holders of lululemon athletica inc. (NASDAQ: LULU) saw the Company's FY2026 revenue outlook cut to $10.35 billion to $10.50 billion on September 3, 2026, from $11.00 billion to $11.15 billion -- a reduction of roughly $650 million at the midpoint, with third-quarter revenue now projected to decline 10% to 11%. If you lost money holding LULU, you have legal rights right now and are encouraged to see if you qualify to recover your LULU losses. You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

The revised full-year figure implies a 5% to 7% revenue decline for FY2026. It was the second reduction to the Company's FY2026 revenue outlook this year. On the September 3, 2026 call, Chief Financial Officer Meghan Frank stated that the third quarter "has gotten off to a slow start" and that "Q2 revenue came in below our expectations." The Company also stated that its outlook does not reflect any further potential tariff refunds.

Levi & Korsinsky is investigating potential securities law violations at lululemon athletica inc. on behalf of LULU investors. Eligibility to participate turns on your purchases and documented losses -- not on whether you still own the shares, and not on the size of your position. There is no cost to have your losses reviewed.

LULU shareholders who suffered losses may submit their losses for a no-cost review or call (212) 363-7500.

Levi & Korsinsky, LLP | Top 50 Securities Firm | (212) 363-7500 | www.zlk.com

Frequently Asked Questions About the LULU Investigation

Q: Which statements are being investigated as potentially misleading? A: The investigation concerns whether lululemon athletica inc. made materially false or misleading statements regarding its FY2026 revenue and earnings outlook and the strength of its sales trends. When the Company disclosed a reduced FY2026 outlook, a third-quarter revenue decline of 10% to 11%, and weaker comparable sales, the stock price declined.

Q: When did lululemon athletica inc. allegedly mislead investors? A: The investigation concerns statements made before the corrective disclosure that allegedly caused investors to purchase securities at inflated prices.

Q: Who is eligible to participate in the LULU investigation? A: Investors who purchased LULU stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses -- not on whether you still hold the shares.

Q: What do LULU investors need to do right now? A: Investors may gather brokerage records showing purchase dates, share quantities, and prices paid. Submit your information for a no-cost, no-obligation evaluation of your potential recovery. No immediate action is required to remain eligible to participate in the investigation.

Q: What is a lead plaintiff and why does it matter? A: If the investigation proceeds to legal action, a lead plaintiff is the investor the court appoints to represent the group of affected investors. Lead plaintiffs are typically investors with the largest documented losses.

Q: What if I already sold my LULU shares -- can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought LULU and sold at a loss may still participate in the investigation.

Q: What does it cost me to participate? A: There is no upfront cost to submit your information and review whether you may be eligible to recover. Should you choose to participate in any resulting action, these matters are generally handled on a contingency basis, with any attorneys' fees and expenses subject to court approval.

Q: What if I live outside the United States? A: U.S. securities fraud investigations generally cover purchases on U.S. exchanges regardless of the investor's country of residence.

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