Lululemon's Corporate Struggles Continue, but Is a Turnaround on the Horizon?

Lululemon Athletica (NASDAQ: LULU) was once the envy of all athleisure retailers. The company set the standard for what was considered trendy, particularly among yoga practitioners and fitness buffs. From 2019 through 2023, the company's stock reflected this dominance, even reaching a peak of over $500 per share in late 2023. Since then, Lululemon has largely fallen out of favor with consumers, and the company is struggling to regain its footing. In January 2026, Lululemon's CEO, Calvin McDonald, left the ...