Options data suggests the stock could move about 9.4% after the June 4 report.
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Lululemon (LULU) shareholders have lived through one of the rougher years in large-cap retail. The stock has lost roughly 42% in 2026 and printed a 52-week low of $118.06 on May 20, 2026, according to Investing.com data. The damage is everywhere. Slowing Americas'comps, a weak 2026 outlook, tariff ...
On this episode of Stock Movers with Alexis Christoforous: - Dick's Sporting Goods (DKS) shares are lower after it forecast earnings per share for the full year of $13.27 to $14.27. - Lululemon (LULU) is up as it agreed to resolve a long-simmering dispute with founder Chip Wilson by overhauling its board with three new directors. The company will name two of Wilson's nominees to the board in Laura Gentile, a former ESPN executive, and Marc Maurer, the previous co-chief executive officer of sneaker maker On. A third new director will be announced by October 1. - Bath and Body Works (BBWI) shares are higher after it reported lower first quarter sales and says it's overhauling its strategy to return to growth. Sales were still better than expected.
The company will add two directors chosen by Chip Wilson, who has agreed to stop criticizing it for 18 months.
The company will add two directors chosen by Chip Wilson, who has agreed to stop criticizing it for 18 months.
Lululemon’s stock price has taken a beating over the past six months, shedding 25.9% of its value and falling to $124.61 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
A surprise note from the company’s chair marked an escalation of the fight after the two sides appeared close to coming to terms.
Lululemon’s push came after founder Chip Wilson earlier this month escalated his proxy fight against the company, outlining a series of pillars he said its board has neglected, such as focusing on core consumers, improving merchandising and in-store execution, and increasing marketing and product-development spending.
Lululemon is urging its shareholders to vote against the slate of directors nominated by founder Chip Wilson.
By Karen Roman a.k.a. Brands Holding Corp. (NYSE: AKA) said first quarter net sales rose 3% to $132.5 million compared to $128.7 million the year prior Adjusted EBITDA was $5.1 million, or 3.9% of net sales, compared to $2.7 million, or 2.1% of net sales the previous year, the company stated. a.k.a. Brands updated its […]
Nike is the latest brand to come under fire from consumers seeking payback for the tariffs they say they paid in the form of higher prices at retail.
Lululemon’s board members were under pressure. The company’s estranged founder had launched a proxy fight, with a big-name activist investor waiting in the wings, and the board was being pushed to quickly recruit a new chief executive who could turn things around. When Lululemon landed on former Nike executive Heidi O’Neill for the job last week, Chairwoman Marti Morfitt and the board thought they had it in the bag.