Recent Updates — LULU
The board of directors appointed Tara Poseley as a Class II director effective October 19, 2026. This appointment expands the board from twelve to thirteen members and fulfills obligations under a cooperation agreement with founder Dennis J. "Chip" Wilson dated May 26, 2026. Ms. Poseley brings over 30 years of experience in specialty retail and apparel, having previously served as Chief Product Officer at lululemon and CEO of Paula's Choice Skincare. She will serve on the People, Culture and Compensation Committee.
lululemon athletica inc. announced a restructuring of its senior leadership team to drive growth and operational excellence. The company appointed Maggie Gauger, formerly President and CEO of Athleta, as the newly created role of President and Chief Product Officer, effective October 26, 2026. Joseph Godsey, previously Chief Growth Officer at Walmart Canada, was appointed as the new Chief Operating Officer on the same date. Concurrently, Nikki Neuburger (Chief Brand and Product Activation Officer) and Ted Dagnese (Chief Supply Chain Officer) will depart the company on November 6, 2026. CFO Meghan Frank assumed interim oversight of global brand and technology functions while searches continue for a Chief Brand Officer, Chief Technology Officer, and Chief Communications Officer. lululemon athletica inc. is a technical athletic apparel, footwear, and accessories company.
On September 8, 2026, lululemon athletica inc. appointed Heidi O’Neill as a member of its Board and commenced her service as Chief Executive Officer. Consequently, the Board increased in size from 11 to 12 members, with Ms. O'Neill serving as a Class II director. Meghan Frank and Andre Maestrini ceased their roles as interim co-Chief Executive Officers on the same date. The company also adopted amendments to its bylaws effective immediately, updating procedures for stockholder nominations, quorum requirements, and emergency protocols to align with Delaware law and SEC rules. lululemon athletica inc. operates in the athletic apparel industry, designing, marketing, and selling high-performance yoga and fitness apparel.
Lululemon athletica inc. reported second-quarter fiscal 2026 results showing a 4% revenue decline to $2.4 billion and diluted EPS of $2.92, down from $3.10 in the prior year period. Comparable sales fell 9%, driven by an 8% drop in Americas net revenue and a 1% increase in International net revenue. The results included $134.5 million in tariff refunds that boosted gross margin to 60.5%. The company revised its full-year outlook, now expecting net revenue between $10.35 billion and $10.50 billion (a 5-7% decline) and diluted EPS of $9.48 to $9.73. Lululemon operates in the technical athletic apparel industry.
On August 13, 2026, Ranju Das ceased to serve as Chief AI & Technology Officer of lululemon athletica inc. The company has transition plans in place for his responsibilities. lululemon athletica inc. operates in the athletic apparel and footwear industry.
lululemon athletica inc. expanded its Board of Directors from 9 to 11 members by appointing Laura Gentile and Marc Maurer, pursuant to a previously disclosed Cooperation Agreement. Stockholders also approved an amendment to the 2023 Equity Incentive Plan to increase the share reserve and voted in favor of a stockholder proposal to declassify the Board of Directors. lululemon athletica inc. is a designer and retailer of athletic apparel and accessories.