Lululemon USA Inc shares fell over 3% on April 13, 2026 after Texas AG Ken Paxton announced a civil probe.
The investigation targets possible misrepresentation of product safety, focusing on PFAS “forever chemicals” linked to health risks.
AG’s office will examine Lululemon’s Restricted Substances List, testing protocols and supply‑chain practices for compliance.
Lululemon reported FY2025 revenue exceeding $11 billion, positioning the probe as significant for a major wellness brand.