lululemon athletica inc. disclosed a 4% revenue decline, a 9% drop in comparable sales, and a 12% collapse in Americas comparable sales for the second quarter of FY2026. SueWallSt notifies investors of a pending investigation into potential securities law violations on behalf of LULU investors who lost money.

NEW YORK, Sept. 10, 2026 /PRNewswire/ — Americas comparable sales fell 12% and leggings sales declined approximately 20% in the second quarter, lululemon athletica inc. (NASDAQ: LULU) told investors on September 3, 2026, sending the shares sharply lower. If you held LULU through that disclosure and lost money, you are encouraged to submit your loss information now . You may also contact Joseph E. Levi, Esq. via email at jlevi@SueWallSt.com  or by telephone at (888) SueWallSt.

The reported quarter fell shy of expectations. Net revenue decreased 4% to $2.4 billion. Comparable sales decreased 9%, or 10% on a constant dollar basis. North America finished down 8% for the quarter. On the September 3, 2026 call, Chief Financial Officer Meghan Frank stated that “Q2 revenue came in below our expectations” and that the third quarter “has gotten off to a slow start.”

One year earlier, on September 4, 2025, the same officer reported second-quarter net revenue up 7% to $2.5 billion with comparable sales up 1%. SueWallSt notifies investors of a pending investigation into the disclosures that preceded this reversal on behalf of LULU shareholders who suffered losses.

Investors who purchased lululemon shares and took a loss may request a no-cost review of their LULU losses , or call (888) SueWallSt.

WHY SUEWALLST : SueWallSt is powered by Levi & Korsinsky LLP. Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States.

Frequently Asked Questions About the LULU Investigation

Q: How much did LULU stock drop?  A: Shares fell from a closing price of $121.77 on September 3, 2026, to just $100.61 on September 4, a decline of $21.61 per share, or about 17.4%.

Q: Which statements are being investigated as potentially misleading?  A: The investigation concerns whether lululemon athletica inc. made materially false or misleading statements regarding demand trends, comparable sales performance, and the strength of its Americas business. When the Company disclosed the second-quarter results and segment declines, the stock price declined sharply.

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 documents do I need to participate?  A: Brokerage statements or trade confirmations showing purchase dates, share quantities, prices paid, and any subsequent sale dates and prices.

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: Do I need to go to court or give testimony?  A: No. Participating in the investigation does not require court appearances or depositions. If legal action is later pursued, the overwhelming majority of affected investors never appear in court either.

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.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

33 Whitehall Street, 27th Floor

New York, NY 10004

jlevi@SueWallSt.com 

Tel: (888) SueWallSt

Fax: (212) 363-7171

Attorney Advertising. Prior results do not guarantee similar outcomes.

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SOURCE SueWallSt.com