LULU

lululemon athletica inc. ·Nasdaq Global Select·Consumer Discretionary
120.84 live · 2026-08-12 15:59
51.8%
Brown Bear Score
68.4%
Business Conviction Score
45.6%
Position Health Score
25.6%
Chase Risk
Daily closes

Daily closes · 1Y (252 sessions) · -37.4% · range 105.43–215.88

The Businesswhat the company reports

Business & cash flow

FCF / assets 10.9%
OCF / assets 18.9%
FCF / revenue 14.4%
Gross margin 55.7%
ROIC 33.7%
Forward P/E 10.7

FCF/assets and OCF/assets are the cash-flow measures Brown Bear's own testing found to survive; FCF/revenue is shown alongside for context. Assets are from the latest annual filing (FY2025).

Price vs Earnings growth

Forward EPS growth has outpaced trailing price return by +32.1pp

Confidence 95.0/100

Takeaway Earnings growth is outpacing price — consistent with the stock not yet fully reflecting its improving forward estimates.

Reported earnings

Next report 2026-09-02 after the close · consensus EPS 1.84

Q3 23 revenue: 2.21bnQ3 23 net income: 341.60mQ3 23 EPS: 2.68Q4 23 revenue: 2.20bnQ4 23 net income: 248.71mQ4 23 EPS: 1.96Q4 23Q1 24 revenue: 3.21bnQ1 24 net income: 669.47mQ1 24 EPS: 5.27Q2 24 revenue: 2.21bnQ2 24 net income: 321.42mQ2 24 EPS: 2.54Q2 24Q3 24 revenue: 2.37bnQ3 24 net income: 392.92mQ3 24 EPS: 3.15Q4 24 revenue: 2.40bnQ4 24 net income: 351.87mQ4 24 EPS: 2.87Q4 24Q1 25 revenue: 3.61bnQ1 25 net income: 748.40mQ1 25 EPS: 6.04Q2 25 revenue: 2.37bnQ2 25 net income: 314.57mQ2 25 EPS: 2.60Q2 25Q3 25 revenue: 2.53bnQ3 25 net income: 370.90mQ3 25 EPS: 3.10Q4 25 revenue: 2.57bnQ4 25 net income: 306.83mQ4 25 EPS: 2.59Q4 25Q1 26 revenue: 3.64bnQ1 26 net income: 586.87mQ1 26 EPS: 4.93Q2 26 revenue: 2.47bnQ2 26 net income: 195.05mQ2 26 EPS: 1.69Q2 26

Revenue Net incomeEPS (GAAP) (1.69–6.04, own scale) Derived Q4

12 quarters to Q2 26. Revenue and net income share one scale, so the gap between them is the margin. The line is GAAP EPS — it spans every quarter shown, where the reported figure only goes back as far as the consensus feed does.

Quarter endingRevenueYoY Net incomeEPS (GAAP) Filed
2026-05-03 2.47bn +4.3% 195.05m 1.69 2026-06-04
2026-02-01 (derived) 3.64bn +0.8% 586.87m 4.93 2026-03-17
2025-11-02 2.57bn +7.1% 306.83m 2.59 2025-12-11
2025-08-03 2.53bn +6.5% 370.90m 3.10 2025-09-04

Earnings response

Typical move around a filing ±9.3%
On an ordinary two days ±1.9% — filings move it 4.9× as much
Direction 8 up, 4 down over 12 filings
Revenue change and price reaction, by quarter
Q3 22 revenue +28.8% year on yearQ3 22 filed 2022-09-01: price +4.7%Q4 22 revenue +28.0% year on yearQ4 22 filed 2022-12-08: price -12.3%Q4 22Q2 23 revenue +24.0% year on yearQ2 23 filed 2023-06-01: price +10.1%Q3 23 revenue +18.2% year on yearQ3 23 filed 2023-08-31: price +7.3%Q3 23Q4 23 revenue +18.7% year on yearQ4 23 filed 2023-12-07: price +6.3%Q2 24 revenue +10.4% year on yearQ2 24 filed 2024-06-05: price +5.3%Q2 24Q3 24 revenue +7.3% year on yearQ3 24 filed 2024-08-29: price +0.2%Q4 24 revenue +8.7% year on yearQ4 24 filed 2024-12-05: price +16.7%Q4 24Q2 25 revenue +7.3% year on yearQ2 25 filed 2025-06-05: price -20.9%Q3 25 revenue +6.5% year on yearQ3 25 filed 2025-09-04: price -15.5%Q3 25Q4 25 revenue +7.1% year on yearQ4 25 filed 2025-12-11: price +9.2%Q2 26 revenue +4.3% year on yearQ2 26 filed 2026-06-04: price -9.4%Q2 26

Revenue up year on year Revenue down Price move around the filing separate scales — a crossing means nothing

Quarter endingFiledRevenue YoY Move around filingNext 20 sessions vs SPY
2026-05-03 2026-06-04 +4.3% -9.4% -0.9%
2025-11-02 2025-12-11 +7.1% +9.2% +1.3%
2025-08-03 2025-09-04 +6.5% -15.5% +1.0%
2025-05-04 2025-06-05 +7.3% -20.9% -13.9%

Share count

Diluted shares over time

Diluted shares Return since the previous filing

Direction Shrinking — shares retired
Diluted shares 115.5M as at 2026-05-03
Change over 1 year -4.4%
Change over 3 years -9.5%
Public float $17.58bn as at 2025-08-01 (10-K)

History before 2011-07-31 is not shown. The share count jumps at that date by a ratio no ordinary issuance produces — a split whose factor is not in Brown Bear's split store — so earlier figures are on a different basis and cannot be compared with today's.

The Pricewhat the chart is doingTop ↑

Price Levels

StrategyAt Support Zone
Reference band 113.58 — 117.02
Protective stop 106.17 (Atr, 7.9% risk)
Support 114.72 (2 touches, 5.4% away)
Resistance 121.94 (0.9% away)

Takeaway The shares are nearer the ceiling than the floor: about 0.9% below 121.94, where sellers have turned up before, and 5.4% above 114.72, where buyers have stepped in before. That floor has held 2 times, which is how it was spotted. If someone bought at today's price and sold if it dropped through the level below, they would be about 7.9% out of pocket. That is all this figure means — an illustration of the risk, not a price to sell at.

Levels are computed from price structure. They describe where the engine locates support and extension — they are not targets, and not advice.

Ichimoku Cloud (Adaptive)

Daily cloudPrice INSIDE the cloud | periods 8/24/47 (91% of classic 9/26/52)
LinesTenkan/Kijun BULL (fresh up cross, 3d ago) | cloud twist BULL (fresh up, 6d ago)
Cloud thickness33% percentile (thin — little structure to fight through)
Chikou spanAbove price from 26 periods ago
Weekly cloudPrice BELOW the weekly cloud (context only, not scored)

Takeaway The stock is trading inside its cloud — a shaded band drawn from several of its own moving averages, currently 116.65 to 122.74. Inside the band those averages disagree with each other, so the indicator is not saying much either way. Its shorter-term averages point the other way, so this is a mixed reading rather than a clear one.

Trailing returns

21 days +3.0%
63 days -3.4%
126 days -33.1%
252 days -35.2%
Below 252d high44.0%

Trend context

PositionFar below trend
ExtensionDeeply oversold
Trend slopeFalling sharply
Direction of travelConverging back to trend

Takeaway Extreme downside deviation is beginning to mean-revert toward Kalman fair trend.

Volatility

State Expanded out of a squeeze
Current band width15.9% of price
Recent tightest8.7% (9 sessions ago, narrower than 94.0% of its history)
Expansion since1.83×
Band 110.45 — 129.55

Takeaway Lately this share price has been swinging around inside a range roughly 16% wide, and it recently went unusually quiet — calmer than it has been 94% of the time. It has started moving again since, swinging about 1.8 times as widely as during that quiet spell. A stock that has been quiet tends to make its next move look big by comparison, simply because the recent bar was low.

Historical trends

0255075100Share price 113.37–128.582026-06-262026-08-12
Position Health Business Conviction Share price

History begins when the site started recording, not when the company listed, so a short line means a short record and nothing more.

Who's Tradingthe flow behind the priceTop ↑

Insider activity

ActivityNo filings in the window
Buy filings0
Sell filings0

Open-market Form 4 purchases and sales over the last 75 days, read from SEC EDGAR Form 4. Grants, option exercises, gifts and shares withheld for tax are excluded — they are compensation mechanics, not a decision to buy or sell. Reported Form 4 activity. Brown Bear tested insider cluster-buying as a return signal and rejected it as era-unstable; shown as fact, not signal.

Volume confirmation

Volume-price trend Below its signal line
Confirmation Marginal

No absorption or distribution event in the recent window.

Takeaway The heaviest trading has been happening on days when the price falls: when large numbers of shares change hands, the price has tended to go down rather than up. That tells you where the weight of trading has been. It does not tell you what happens next, and it is not a signal to sell.

Options Positioning

No binary-event flag

LULU: no binary-event flag. Near IV 43%, far IV 48% (ratio 0.90), implied move 5.4%.

Implied volatility 43% near (9d) · 48% far (100d)
Term structure 0.90× near/far
Historical volatility 35%
Implied vs historical 1.26×
Implied move ±5.4% by 2026-08-21
Implied move vs ATR 0.60×
Skew Call Skew (0.91×)
Call wall 130.00 (+7.5% away)
Put wall 100.00 (-17.3% away)
Gamma pin 100.00

Takeaway Insuring against a move in this stock costs less for the next few weeks than for the next few months, which is the normal state of affairs and suggests no particular date is worrying anyone. Options traders are positioned for a move of around 5.4% in either direction by 2026-08-21.

Chain as at 2026-08-12. This is a risk read on whether a specific event is being priced — not a directional view.

Context & Methodthe record, and how it was builtTop ↑

Relative Rotation

ImprovingLeadingLaggingWeakeningvs sectorvs SPYsector vs SPYRS-Ratio →RS-Momentum →

Repair Attempt

Rotation health 86.0/100; Strong Rotation Tailwind.

Rotation health 86.0
Rotation strength 70.2
LegQuadrantRS-RatioRS-Mom
Stock vs sector Weakening 108.1 99.1
Stock vs SPY Leading 111.9 111.1
Sector vs SPY Leading 112.5 121.1

Direction of travel: North-West / early recovery

Position only. Brown Bear's RRG redesign programme is closed — five constructions, none beat an appropriate null — so this section describes where the name sits, and is not a signal.

News Headlines

  1. Loading headlines\u2026

Headlines are supplied by third-party feeds and are not written, ranked or interpreted by Brown Bear. They feed no score on this page.

Detailed Scoring

Positive signals

  • Piotroski F-score 6/9 (+15.0)
  • Altman Z-score 8.62 (+10.0)
  • Insider conviction score (+10.0)
  • Gross margin quality: 55.7% (+13.1)
  • ROIC quality: 33.7% (+24.6)
  • FCF margin quality: 14.4% (+9.6)
  • FCF margin improving by -7.0 pts (+-3.0)
  • High earnings quality (accrual ratio -0.003) (+2.0)
  • Track 1: MACD histogram state (0.59) (+6.0)
  • Track 1: volume confirmation 1.17x average (+1.0)
  • Track 1: bullish DI spread 19.7 (+5.0)
  • Track 1: ADX 21.4 and rising (+5.0)
  • Track 1: EMA20 slope improving 2.1% (+5.0)
  • Track 1: positive MACD regime (+3.0)
  • Track 1: MACD line/signal repair quality (+8.0)
  • Track 1: MACD slope improving (+3.0)
  • Track 1: RSI recovery 66.7, 5-day change +7.8 (+1.6)
  • Track 1: EMA50 slope improving 0.6% (+1.2)
  • Track 1: EMA50 support proximity 1.2% (+4.0)
  • Track 1: Bollinger position 0.55 (+3.6)
  • Regime convergence: QUALITY_OVERSOLD_REPAIR confidence 60.0/100 (EMERGING) (+12.0)

Negative signals

  • Relative strength versus sector deteriorating
  • Weak relative momentum rank (0.04)
  • Track 1: price below EMA20 by 0.4%
  • Track 1: MACD histogram deteriorating (-0.45)
  • Track 1: weak VPT confirmation (-0.00)
  • Track 1: price below EMA50 by 1.2%
  • Gross margin improving by -3.5 pts (+-3.0)
  • ROIC improving by -9.8 pts (+-5.0)

Chase risk is not elevated for this name, so extension penalties are omitted from the negative signals above.