Lululemon stock price gets a boost as CEO departs and buybacks rise. Is this the start of a turnaround?
lululemonlululemon(US:LULU) Fastcompany·2025-12-13 03:16

Lululemon might just be entering a new—and improved—era. On Thursday, December 11, the athleisure apparel company shared a mostly positive third-quarter earnings report and announced the departure of its CEO, Calvin McDonald. McDonald will leave Lululemon Athletica on January 31, after seven years in the post. He previously served as CEO of Sephora Americas. In a post-earnings call, McDonald called his time as CEO a "dream job†but that "the timing is right for a change.†He will stay on as a senior adviser t ...