Is the Lululemon Dip a Buy? The Bull and Bear Case After Earnings, Guidance

Is the Lululemon Dip a Buy? The Bull and Bear Case After Earnings, Guidance

Quick Read Lululemon (LULU) beat Q4 earnings with $3.64B revenue and $5.01 diluted EPS, while international revenue grew 22% for the year with China Mainland comparable sales up 30% in Q4, but the stock remains down 51.3% as full-year 2026 guidance forecasts only 2% to 4% revenue growth and $12.10 to $12.30 EPS versus $13.26 earned in FY2025. Lululemon faces deteriorating North American sales, compressed margins, leadership instability with in…