Lululemon Slashes 2026 Forecast After Soft North America Demand
Lululemon Q2 sales fell 4% to $2.42B, missing estimates. Full-year forecast cut to $10.35–$10.50B as new CEO Heidi O’Neill takes over next week.
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Dick’s Sporting Goods Shares Plunge After Cutting Full-Year Outlook on Weak Athletic Demand
Dick’s reported weaker-than-expected Q2 results and reduced its full-year forecast as cautious consumers weighed on sporting goods sales.
Morgan Stanley Turns Bullish on Macy’s, Bearish on Lululemon
Morgan Stanley likes Macy’s on recovery hopes but is cautious on Lululemon due to growth and competition risks.
Lululemon Beats Q1 Expectations But Warns of Tough Road Ahead
Lululemon beat Q1 2026 expectations with $2.5B revenue but slashed full-year and Q2 guidance due to weak US demand.
Lululemon Ends Proxy Battle with Founder Chip Wilson – New Directors Join the Board
Lululemon settles dispute with founder Chip Wilson, adds new board members, and aims to refocus on growth and stability.
Lululemon Names Former Nike Executive Heidi O'Neill as New CEO
Lululemon hires ex-Nike exec Heidi O’Neill as CEO to revive US sales after decline, rising competition, and slowing growth.