- Prev close
- $124.73
- Day range
- $124.00 – $128.86
- Next earnings
- in 25 days
LULULEMON ATHLETICA INC slipped -0.5% in a firm tape, but the bigger story is a value/quality frame after Michael Burry expands bets against Nvidia and AI while piling into Lululemon; the move looks like normal noise rather than stock-specific deterioration.
LULU
LULULEMON ATHLETICA INC
As of Aug 2, 2026
62/100
Worth keeping an eye onHealth ScoreWhy it moved
LULU moved -0.5% while the S&P 500 rose +0.7% and the Nasdaq 100 rose +0.6%, so the stock lagged a broadly positive session by a small amount. The main read is stock-specific positioning/newsflow, not the market: recent headlines say Michael Burry is "buying Lululemon and DraftKings" as he expands shorts against Nvidia and Micron, and that kind of flow can affect sentiment even when the index backdrop is constructive. The intraday path was also soft — it opened at $120.4, traded to $121, then finished at $118.87 — which points to mild fading rather than a broad market-driven reprice.
Normal volatility?
Yes, this looks like ordinary volatility, not a deterioration signal. Revenue is still growing at +4.2% YoY (TTM) and +4.3% YoY in the latest quarter, gross margin is +55.7%, operating margin is +18.3%, and net margin is +13.0%, so the core business remains profitable and stable. EPS is -16.1% YoY (TTM), so the PEG of 1.04 is not meaningful here because earnings growth is negative; valuation should be read off the PE 9.7 and forward PE 10.7 instead. Those multiples are not stretched, and beta at 0.86 says the name is less volatile than the market, so a -0.5% session against a +0.7% to +0.6% index tape is well within normal trading noise.
Earnings preview
The next earnings date is 2026-09-02. The facts do not provide analyst revenue or EPS consensus for that print, so I cannot state expected growth or margin targets from this packet. What the market is likely to focus on is whether +4.2% YoY revenue growth can reaccelerate from the latest quarter’s +4.3% YoY pace, whether EPS can stabilize after -16.1% YoY (TTM), and whether the +55.7% gross margin and +18.3% operating margin hold up. Prior print reaction data is not available here, so I won’t infer a pattern that isn’t in the facts.
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