https://www.live-feeds.com/feed/lululemon-dives-on-risks-of-prolonged-turnaround-under-new-ceoContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/lululemon-dives-on-risks-of-prolonged-turnaround-under-new-ceohttps://www.live-feeds.com/feed/lululemon-dives-on-risks-of-prolonged-turnaround-under-new-ceo#u64824Fri, 11 Sep 2026 07:01:16 +0000Lululemon shares dropped sharply to an eight-year low after the sportswear retailer lowered its annual sales and profit forecast. The market sell-off follows disappointing second-quarter results and declining revenue. Incoming chief executive officer Heidi O'Neill prepares to take over amid mounting investor anxiety over execution risks, weak sales numbers, and a prolonged turnaround. In response to the weaker performance, the company reduced its pop-up store count and scaled back its net new company-operated store openings for the year. Younger rivals and changing consumer tastes are als https://www.live-feeds.com/feed/lululemon-dives-on-risks-of-prolonged-turnaround-under-new-ceohttps://www.live-feeds.com/feed/lululemon-dives-on-risks-of-prolonged-turnaround-under-new-ceo#u59681Mon, 07 Sep 2026 09:05:18 +0000Lululemon Athletica shares dropped sharply after the sportswear company reduced its annual sales and profit forecast. The stock fell 18 percent to reach an eight-year low on Friday following disappointing second-quarter results and declining revenue. Market analysts trimmed their price targets for the firm, reacting to weak sales numbers and mounting concerns over execution risks. The market sell-off reflects deep investor anxiety regarding the prolonged overhaul facing incoming chief executive officer Heidi O'Neill as she prepares to steer the retailer through its current operational cha