
I don’t think it would be an overstatement to characterize Lululemon’s (LULU) stock performance in 2025 as disastrous. Down 56% year-to-date, LULU shares have now lost 67% of their value since hitting an all-time high of $516.39 in December 2023.
Tariffs, increased competition, a weakened U.S. consumer, and other issues have soured investors and analysts on the apparel brand that, as recently as two years ago, could do no wrong.