Bleichmar Fonti & Auld LLP is investigating Lululemon Athletica Inc. for potential securities fraud on behalf of investors. The probe examines whether the company misrepresented its growth and business health.
Lululemon reported a 4.3% revenue decline on September 3, 2026. The company also lowered its fiscal year 2026 guidance. Third-quarter earnings projections fell 60% below analyst expectations.
Lululemon’s stock price plummeted 17.4% on September 4, 2026. This decline resulted in a significant loss of shareholder value.