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Lululemon Sees Annual Revenue, Profit Below Estimates Amid Board, Demand Challenges

CEO ⁠Calvin McDonald stepped down in December following months of share price weakness and lack of design freshness.
Lululemon temporarily pulled and subsequently brought back its “Get Low” leggings this week after consumers complained that the new products weren’t “squat proof.”
Lululemon expects annual revenue to be between $11.35 ‌billion and $11.50 billion. (Shutterstock)

Athletic apparel maker Lululemon forecast 2026 revenue and profit below Wall Street expectations on Tuesday, underscoring its challenges as it faces rising ​competition ⁠and an attempt by founder Chip ⁠Wilson to overhaul the board.

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