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Lululemon forecasts annual revenue, profit below estimates
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Lululemon forecasts annual revenue, profit below estimates
Mar 17, 2026 1:32 PM

March 17 (Reuters) - Lululemon forecast 2026

revenue and profit below Wall Street expectations on Tuesday,

underscoring its challenges as it faces rising competition and

an attempt by founder Chip Wilson to overhaul the board.

The company, which is searching for a permanent CEO after

Calvin McDonald's departure in December, expects annual revenue

to be between $11.35 billion and $11.50 billion, compared with

analysts' average estimate of $11.51 billion, according to data

compiled by LSEG.

It also forecast annual profit in the range of $12.10 to

$12.30 per share, while analysts estimated $12.58.

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