What's Going On With Lululemon Shares Friday?

Luluemon Athletica, Inc. LULU shares are trading lower on Friday after the company issued weak guidance in its fourth-quarter earnings report.

What To Know: The company expects first-quarter revenue from $2.33 billion to $2.35 billion, versus analysts’ estimate of $2.39 billion. In addition, the company sees earnings per share from $2.53 to $2.58, versus analysts’ estimate of $2.74.

For fiscal-year 2025, Luluelemon expects revenue from $11.15 billion to $11.30 billion, versus analysts’ estimate of $11.301 billion. It sees earnings per share from $14.95 to $15.15, versus analysts’ estimate of $15.30.

Analyst Changes: Following the earnings report, multiple analysts cut their price targets.

• Telsey Advisory Group analyst Dana Telsey maintained Lululemon with a Outperform rating and lowered the price target from $445 to $385.
• Needham analyst Tom Nikic maintained Lululemon with a Buy rating and lowered the price target from $430 to $366.
• B of A Securities analyst Lorraine Hutchinson maintained Lululemon with a Buy rating and lowered the price target from $480 to $400.

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LULU Price Action: At the time of writing, Lululemon shares are trading 15.3% lower at $289.44, according to data from Benzinga Pro.

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