Lululemon Athletica Inc

LULU: XNAS (USA)

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Lululemon Earnings: CEO Change Amid North America Sales and Margin Weakness; Shares Attractive

David Swartz

Dec 12, 2025

Lululemon's third-quarter sales rose 7% as a 2% Americas decline was offset by 33% international growth. Due to higher tariffs, gross margin fell to 55.6% from 58.5% and operating margin fell to 17% from 20.5%. Separately, it was revealed that Calvin McDonald will step down as CEO at January's end.

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Lululemon Athletica Inc

Lululemon Earnings: CEO Change Amid North America Sales and Margin Weakness; Shares Attractive

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