LULULEMON-- P/E : 9.9 , ROE 35% , FOUNDER REJOINS BOARD

SPOT_ON
05-27 21:47

Lululemon struck a cooperation agreement with founder Dennis “Chip” Wilson, who owns about 8.7% of outstanding common stock.


Laura Gentile, former ESPN chief marketing officer, will join the board following the 2026 annual meeting.


Marc Maurer, former co-CEO of On, will also join the board following the 2026 annual meeting.

The company plans to add another director with apparel product and brand expertise by Oct. 1, 2026.


$Lululemon Athletica(LULU)$  

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Modified in.05-27 22:08
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Comments

  • SPOT_ON
    05-27 22:27
    SPOT_ON
    Wilson said the appointees, alongside strategic changes already made, "reflect meaningful progress toward restoring the company's product-first vision and unlocking tremendous value for shareholders."
  • SPOT_ON
    05-27 22:28
    SPOT_ON
    Wilson said the appointees, alongside strategic changes already made, "reflect meaningful progress toward restoring the company's product-first vision and unlocking tremendous value for shareholders."
  • SPOT_ON
    05-27 22:21
    SPOT_ON
    Great article, would you like to share it?
  • SPOT_ON
    05-27 22:12
    SPOT_ON
    Great article, would you like to share it?
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