The Latest Breaking News from LULU

Lululemon Athletica shares surged during after-hours trading after the company reported better-than-expected Q3 results and announced the departure of CEO Calvin McDonald.

More than 17,000 paying ticket holders attended this year’s festival, which was headlined by Lulu, Tide Lines and Skerryvore.

Lululemon Athletica Inc. (NASDAQ:LULU) heads into its third-quarter report with slowing sales growth, a sharp margin squeeze from tariffs and weaker U.S. demand, as investors watch whether a major product “newness” push can reignite momentum, but likely not before 2026.

After losing significant value year-to-date, Lululemon stock is gaining positive momentum ahead of its Q3 earnings on December 11.

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Michael Burry’s bet on Fannie Mae highlights growing expectations that a potential end to conservatorship could unlock significant value for FNMA shareholders.

(Editor’s note: The future prices of benchmark tracking ETFs and the headline were updated in the story.)

Lululemon Athletica Inc. (NASDAQ:LULU) heads into its third-quarter earnings report as a battleground stock. Recently revealed as a high-conviction contrarian pick by ‘Big Short’ investor Michael Burry—who views the 2025 sell-off as “window dressing”—the company nonetheless faces an immediate financial hurdle.

Lululemon Athletica has significantly underperformed the Nasdaq Composite over the past year, and analysts remain cautious about the stock’s prospects.

Burry revealed in a new Substack post that he holds LULU and views it as a hold for at least 3-5 years.

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