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The Economic Times

Lululemon cuts outlook again, highlighting to-do list for new CEO

Lululemon Heidi ONeill Vuori

Lululemon Athletica on Thursday slashed its full-year forecasts again, underscoring that incoming CEO Heidi O'Neill has her work cut out - to win back shoppers from newer rivals by revamping the athleisure brand's product line.

Shares of the Vancouver-based company, which also missed quarterly sales estimates, tumbled about 18% in extended trading. The stock has fallen ‌nearly 69% since early ⁠2025.

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