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Stock impact report

Lululemon shares fall after hiring ex-Nike executive Heidi O'Neill as CEO [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
O'Neill is set to take over the CEO position and join the board on September 8, 2026. Her appointment follows an extensive search process after the previous CEO stepped down in January, with activist investor Elliott Investments having supported an alternative candidate. “We view the announcement as an incremental positive to drive positive change at LULU,” said Barclays analyst Adrienne Yih. “However, we expect Ms. O'Neill's impact on the business to be felt in 2027 given her start date in September 2026. As such, we expect 2026 to remain a “Reset” year for the company with LULU's issues stemming from a number of more structural headwinds,” she added. Experienced retail leader steps in O'Neill brings over 30 years of experience in retail, including more than 25 years at Nike. During her time there, she played a key role in expanding the company from a $9 billion business into a $45 billion global brand. Most recently, she served as President, Consumer, Product & Brand, whe Show less Read more
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