Lululemon Stock Falls After Weak 2026 Outlook Overshadows Q4 Earnings Beat, Chip Bergh Joins Board
Lululemon projected 2026 revenue and profit below analyst estimates Tuesday, sending shares lower in after-hours trading. Fourth-quarter revenue rose 1% to $3.64 billion, beating forecasts, but Americas sales fell 4% while international sales jumped 17%. Former Levi’s CEO Chip Bergh joined the board as the company faces a proxy fight and ongoing CEO search. Gross margin dropped 5.5 percentage points to 54.9%.