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Lululemon’s Incoming CEO Has a Mountain of Problems to Fix
Summary by KEYT
2 Articles
2 Articles
Lululemon’s incoming CEO has a mountain of problems to fix
By Jordan Valinsky, CNN New York (CNN) — When incoming Lululemon CEO Heidi O’Neill starts her new job on Tuesday, she will have a lot of heavy lifting to do. Last week, the struggling athleisure brand reported another dismal earnings report, posting a 12% drop in sales in North America and slashing its full-year outlook
Lululemon sharply lowers its full-year forecast after a weak second quarter, with the brand's shares falling 18%.
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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