Is Lululemon Athletica Stock Underperforming the Nasdaq?

Company Overview - Lululemon Athletica Inc. is a lifestyle-inspired athletic apparel company based in Vancouver, Canada, specializing in yoga, running, training, and other active pursuits with a market cap of $21.6 billion [1] Market Position - Lululemon is categorized as a "large-cap stock" due to its market cap exceeding $10 billion, indicating its substantial size and influence in the activewear industry [2] Stock Performance - LULU stock has experienced a significant decline of 56.9% from its 52-week high of $423.32 on January 30, and has dropped 8.2% over the past three months, contrasting with the Nasdaq Composite's 9.1% increase during the same period [3] - Year-to-date, LULU stock prices have plummeted 52.3%, and over the past 52 weeks, they have decreased by 46.5%, while the Nasdaq has gained 21.5% in 2025 and 20.4% over the past year [4] - The stock has remained below its 50-day moving average since mid-February and below its 200-day moving average since late March, indicating a bearish trend [4] Financial Results - Following the release of its Q2 results on September 4, LULU stock prices fell 18.6% in a single trading session. The company's international sales increased by 22% year-over-year, while net revenues in the Americas grew only 1% [5] - Comparable sales in the Americas dropped by 4% compared to the same quarter last year, with overall net revenues rising 6.5% year-over-year to $2.5 billion, which missed consensus estimates by 36 basis points [5] - The company's EPS decreased by 1.6% year-over-year to $3.10, but exceeded consensus estimates by a notable margin [5] Competitive Analysis - Lululemon has underperformed compared to its peer, Adidas AG, which saw a 23.4% decline year-to-date and a 24.4% drop over the past year [6]