New York, New York--(Newsfile Corp. - November 13, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against lululemon athletica inc. ("Lululemon" or the "Company") (NASDAQ: LULU) on behalf of investors that purchased or otherwise acquired Lululemon securities between March 18, 2026 and September 3, 2026 (the "Class Period").CLICK HERE TO JOIN THE CASEIf you are an investor in Lululemon and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing pmayer@kaplanfox.com or by calling (646) 315-9003.DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than January 4, 2027 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.According to the complaint, on September 3, 2026, Lululemon issued a press release announcing its financial results for its fiscal second quarter of 2026 ended August 2, 2026, reporting lower-than-expected net revenue of approximately $2.42 billion, missing consensus estimates by roughly $40 million and sharply reducing Lululemon's FY 2026 financial guidance.On September 4, 2026, the price of Lululemon stock fell $21.16 per share, over 17%, to close at $100.61 per share. The class action alleges among other things that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that (i) Lululemon's store traffic and demand for its products was significantly deteriorating as a result of, inter alia, continued negative media and social-media commentary and softer-than-planned new product launches; (ii) the foregoing was likely to have a material negative impact on the Company's business and reputation, rendering its previously issued financial guidance for FY 2026 unrealistic; (iii) Defendants downplayed the true scope and severity of the foregoing issues; and (iv) Defendants likewise overstated the strength and durability of Lululemon's overall business and turnaround plan, particularly in North America and mainland China.CLICK HERE TO LEARN MOREWHY CONTACT KAPLAN FOX?Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.If you have any questions about this Notice, your rights, or your interests, please contact:CONTACT:Pamela A. MayerKAPLAN FOX & KILSHEIMER LLP800 Third Avenue, 38th FloorNew York, New York 10022(646) 315-9003pmayer@kaplanfox.comLaurence D. KingKAPLAN FOX & KILSHEIMER LLP1999 Harrison Street, Suite 1501Oakland, California 94612(415) 772-4704lking@kaplanfox.comContacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.https://www.kaplanfox.com/case/lululemon-athletica-lulu-class-action/To view the source version of this press release, please visit https://www.newsfilecorp.com/release/323649

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