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Macro Finance

Lululemon Drops to Eight-Year Low With New CEO Inheriting a Mess

Bloomberg Markets·September 4, 2026·1 min read

Lululemon Athletica lowered its full-year outlook for a second straight quarter, projecting sales of $10.35 billion to $10.5 billion, and trimmed earnings per share guidance after reporting its first comparable sales decline since the pandemic. Incoming CEO Heidi O'Neill takes over next week.

Read at Bloomberg Markets
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