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News  ›  The Motley Fool

Lululemon Stock Is a Buy After CEO Exit

The Motley Fool Logo The Motley Fool By Timothy Green
Lululemon Stock Is a Buy After CEO Exit

Lululemon's CEO Calvin McDonald is stepping down after struggling with sales growth in the Americas, with the company experiencing a 5% comparable sales decline. A new CEO is expected to refresh the product development strategy and potentially drive a stock recovery.

Insights
LULU   neutral

The company is experiencing challenges with sales and product strategy, but the potential CEO change and new product initiatives suggest a possible future improvement. Stock has declined 60% since early 2024, but the article views this as a potential buying opportunity for patient investors.