NASDAQ:LULU

Lululemon Shares Advance After Founder Reaches Truce, Future Still in Question
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Lululemon Shares Advance After Founder Reaches Truce, Future Still in Question

Lululemon shares rose 3.4% to $131.62 after settling a proxy fight with founder Chip Wilson, ending a board dispute ahead of a CEO change. Laura Gentile and Marc Maurer will join the board after the June 25 meeting. Fiscal 2025 revenue rose 5% to $11.1 billion, but U.S. sales fell 1% and inventories increased 18%. Lululemon forecasts 2026 revenue of $11.35–$11.5 billion.
May 27, 2026

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