Story perspectives

Lululemon CEO Exits; Interim Leaders, Profit Forecast Up

12/12/2025

Summary

Story summary

Lululemon Athletica said CEO Calvin McDonald will depart in January after seven years, with Meghan Frank (finance chief) and André Maestrini (chief commercial officer) as interim co-CEOs.
The company raised its full-year profit forecast to $12.92–$13.02 per share and reported quarter-end revenue of $2.57 billion.
Tariffs will reduce income by $210 million in 2025, and executives will boost marketing and offer higher discounts to manage inventory after holidays.

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Story summary

Lululemon Athletica said CEO Calvin McDonald will depart in January after seven years, with Meghan Frank (finance chief) and André Maestrini (chief commercial officer) as interim co-CEOs.
The company raised its full-year profit forecast to $12.92–$13.02 per share and reported quarter-end revenue of $2.57 billion.
Tariffs will reduce income by $210 million in 2025, and executives will boost marketing and offer higher discounts to manage inventory after holidays.