Canadian sportswear giant lululemon athletica has again cut its full-year guidance for fiscal 2026. Challenges are piling up for incoming CEO Heidi O'Neill, who is due to take office next week.
lululemon athletica has again cut its full-year guidance for fiscal 2026.
Incoming CEO Heidi O'Neill is expected to assume management next week.
The company has not disclosed any clear reasons at this point for the changes in its earnings outlook under the new management, and attention is focused on developments ahead.
The executive appointment and guidance revision are believed likely to affect the company's future performance and management policies.