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0.00247391147894931 0.000809643756747062 0.00314861460957187 -0.00145510975170923 -0.012549478229579 -0.0103454480028787 -0.0102554875854624 -0.00865869017632234
Stock impact report

Activist investor Elliott builds over $1 billion stake in Lululemon, puts forth CEO candidate [CNBC]

lululemon athletica inc. (LULU) 
Last lululemon athletica inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lululemon.com
Company Research Source: CNBC
The athletic apparel company has been facing an increasingly crowded landscape, with athleisure entrants like Vuori and Alo Yoga. In this article The corporate logo for Lululemon is displayed at their store at the Westfield UTC shopping center on Nov. 3, 2025 in San Diego, California. Kevin Carter | Getty Images Activist investor Elliott Investment Management has built a stake of more than $1 billion in Lululemon Athletica and is bringing a potential CEO candidate to the table, a person familiar with the matter told CNBC. Lululemon's stock rose 6% in early trading Thursday. Last week, Lululemon announced CEO Calvin McDonald would step down effective Jan. 31, following a year-long performance slump for Lululemon. Elliott has been working with former Ralph Lauren CFO and COO Jane Nielsen as a potential candidate, according to the person, who spoke on the condition of anonymity about confidential matters. In a news release announcing McDonald's departure, the company sai Show less Read more
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