Lululemon Drops to Eight-Year Low With New CEO Inheriting a Mess
Lululemon Athletica Inc. lowered its full-year outlook for a second straight quarter, reflecting the deepening challenges incoming Chief Executive Officer Heidi O’Neill will face when she takes over the top job next week. Sales are now projected to be in a range of $10.35 billion to $10.5 billion in the current fiscal year that ends in early 2027. That’s down from June’s annual forecast, which…
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
