Burry Bets Big on Lululemon Despite Slump, Says He’ll Buy More Under $100
TL;DR Summary
Lululemon stock sank about 18% after-hours following a disappointing Q2 (revenue down 4%, comparable sales down 9%, full-year guidance cut). Michael Burry still backs the name, calling LULU a “trickster” in his portfolio but saying he’ll add to the position if shares stay below $100, keeping LULU as his largest holding (roughly 17% of his portfolio) and emphasizing patience despite volatility.
- LULU Stock Sinks 18% Overnight: Michael Burry Says Lululemon Is A ‘Trickster’ As He Vows To Buy More Under $100 Yahoo Finance
- Lululemon stock plunges 15% on disappointing earnings and outlook CNBC
- lululemon athletica inc. Announces Second Quarter Fiscal 2026 Results corporate.lululemon.com
- Lululemon Cuts Outlook Again After Another Tough Quarter for Sales WSJ
- Lululemon Faces Headwinds in China as Quarterly Sales Hit Bloomberg.com
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