Lululemon Athletica is trading 4.5% down at $98.50 today. - Shares are down, in part, due to news on September 9, 2026, that founder Chip Wilson's divorce could affect his nearly $1 billion voting stake. - This new development adds to continued pressure from the company's sharply reduced fiscal 2026 outlook, released on September 3, which reported revenue below expectations, declining comparable sales, and lower full-year guidance. - Analysts subsequently cut price targets and cited persistent North American weakness following the earnings report.