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-0.000178720362206608 -0.00071488144882643 -0.00107232217323964 -0.00211485761944488 -0.00101274871917083 0.00542118432026687 -0.00330632670082215 -0.00792326939115937
Stock impact report

Lululemon Faces Fresh Pressure From Founder [Yahoo! Finance]

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: Yahoo! Finance
Lululemon Athletica ( NASDAQ:LULU is back in the spotlight after founder Chip Wilson took fresh aim at the company's leadership, calling its latest board appointment underwhelming. In a sharply worded letter, Wilson criticized the decision to bring in former Levi Strauss CEO Chip Bergh, arguing the company still needs a much deeper board overhaul. While he welcomed the exit of long-time director David Mussafer, Wilson said the bigger issue hasn't been fixed yet, pointing to what he called glaring governance deficiencies. He also highlighted a key concern for investors, noting Lululemon has now posted 8 straight quarters of flat or declining comparable sales growth. Warning! GuruFocus has detected 2 Warning Signs with SOFI. Is LULU fairly valued? Test your thesis with our free DCF calculator. Wilson didn't mince words on Bergh either, questioning his track record and suggesting companies he has been involved with have struggled to keep up with peers. At the same time, he is pu Show less Read more
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