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0.000283956460009476 -0.000899195456696629 -0.00298154283009936 0.00283956460009463 0.00153809749171788 0.00222432560340747 0.00662565073355422 0.000851869380028428
Stock impact report

Lululemon's CEO Search Just Got More Complicated [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
These developments could prolong the CEO search. 10 stocks we like better than Lululemon Athletica Inc. › Activewear retailer Lululemon (NASDAQ: LULU) has been struggling to remain relevant in its core U.S. market. The company is facing more competition than ever before, and management has been slow to recognize that its core products have become stale in the eyes of consumers. Comparable sales in the Americas tumbled by 5% in the third quarter, continuing a years-long trend. Earlier this month, Lululemon announced that CEO Calvin McDonald would step down at the end of January after leading the company since 2018. McDonald will depart without a clear succession plan in place. Instead, the board of directors is currently searching for a permanent replacement. About a week after Lululemon announced that McDonald would step down, activist investor Elliot Investment Management disclosed that it had built a stake worth more than $1 billion in the company. Elliot is pushing former Show less Read more
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