Lululemon Stock Falls Tuesday: What's Happening?

Citigroup Maintains Buy on Dick's Sporting Goods, Lowers Price Target to $190

Citigroup analyst Paul Lejuez maintains Dick's Sporting Goods (NYSE:DKS) with a Buy and lowers the price target from $280 to $190.

UBS Maintains Buy on Dick's Sporting Goods, Lowers Price Target to $178

UBS analyst Michael Lasser maintains Dick's Sporting Goods (NYSE:DKS) with a Buy and lowers the price target from $275 to $178.

B of A Securities Maintains Buy on Dick's Sporting Goods, Lowers Price Target to $200

B of A Securities analyst Robert Ohmes maintains Dick's Sporting Goods (NYSE:DKS) with a Buy and lowers the price target from $245 to $200.

Baird Maintains Outperform on Dick's Sporting Goods, Lowers Price Target to $150

Will Lululemon (LULU) Beat Estimates Again in Its Next Earnings Report?

Lululemon has demonstrated a strong track record of beating earnings estimates, with an average surprise of 3.22% over the last two quarters. The company has a positive Earnings ESP of +0.70% combined with a Zacks Rank #3 (Hold), suggesting a high probability of another earnings beat in its September 3, 2026 report. Stocks with this combination historically beat consensus estimates nearly 70% of the time.

lululemon Q2 Earnings Upcoming: Is It Likely to Surprise Investors?

lululemon is expected to report Q2'26 earnings decline of 42.3% with revenues at $2.5B, facing headwinds from weak North America demand, higher markdowns, tariffs, and elevated SG&A costs. The company's Power of Three X2 strategy supports growth through international expansion, particularly in China, but near-term margin contraction and cautious consumer spending remain concerns.