Lululemon Athletica Inc.LULU
▼ NegativeDemandTariffrelevance
Slowing sales in U.S. and China, product missteps, and heightened competition.
Impact on stocks 2
Consumer Discretionary
Lululemon Athletica Inc.
Nike IncNKE
Mentioned
Lululemon Athletica Inc.'s new CEO, Heidi O'Neill, formally took the top job Tuesday, lifting shares about 2%, but the stock remains down roughly 52% this year and about 76% over the past five years amid slowing growth. O'Neill, a former Nike executive, faces slowing sales in the U.S. and China, product missteps, and heightened competition from established and newer athletic brands. Tariffs add pressure since Lululemon manufactures most of its clothing in Asia. The leadership change follows a public dispute with founder Chip Wilson, who has since stepped aside to give O'Neill time to attempt a turnaround. Investors will watch for evidence of sales stabilization, product momentum, and maintained profitability despite rising import costs, with results expected in the coming quarters.
Lululemon Athletica Inc.Slowing sales in U.S. and China, product missteps, and heightened competition.
Nike Inc