Lululemon CEO stepping down, Bank of Canada holds and a surprise trade surplus: Business and investing stories for the week of Dec. 14 [Globe and Mail, The (Toronto, Canada)]
lululemon athletica inc. (LULU)
Last lululemon athletica inc. earnings: 3/26 04:05 pm
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Source: Globe and Mail, The
Lululemon CEO Calvin McDonald has led the Vancouver-based athleisure retailer since 2018. DARRYL DYCK/The Canadian Press Lululemon Athletica Inc. announced Thursday that its chief executive officer Calvin McDonald will step down at the end of January . The Vancouver-based retailer has experienced a significant slowdown in its U.S. business starting last year. But the company's stock price – which had dropped by more than 50 per cent this year prior to the news – jumped by roughly 10 per cent in Friday-morning trading. Lululemon said it has hired an executive search firm and is looking for its next CEO. Mr. McDonald, who leaves the role on Jan. 31, 2026, will also step away from the company's board of directors but will continue as a senior adviser until March 31. Chief financial officer Meghan Frank and chief commercial officer André Maestrini will serve as co-CEOs on an interim basis until the search is complete. U.S. eyes high tariffs on Canadian fertilizer, subsidies for farme
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LULU
Earnings
- 12/11/25 - Beat
LULU
Sec Filings
- 12/11/25 - Form 10-Q
- 12/11/25 - Form 8-K
- 11/21/25 - Form 8-K
- LULU's page on the SEC website