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Lululemon Athletica Pops 5%: Board Shakeup and Earnings Beat Lift the Stock in a Falling Market

Chip Bergh will replace longtime director David Mussafer as part of lululemon's board refreshment, marking five new independent directors in five years, the company said.

Summary by 247wallst.com
Quick Read Lululemon Athletica (LULU) reported Q4 revenue of $3.64B, beating the $3.58B estimate, and full-year fiscal 2025 EPS of $13.26 beat consensus of $13.03, though gross margin contracted 550 basis points and North American revenue fell 4% year over year. The company appointed Chip Bergh, former Levi Strauss CEO, as an independent director, adding retail expertise to its board amid a CEO search following Calvin McDonald’s departure. Lu…

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Financial Post broke the news in Canada on Tuesday, March 17, 2026.
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