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Lululemon just beat earnings and lost its CEO. Now what?

Lululemon just beat earnings and lost its CEO. Now what?

KAHROS Team

TL;DR

Quick Summary

  • Lululemon beat Q3 2025 estimates with $2.57B in revenue (+7% YoY) and EPS of $2.59, even as profits slipped from last year.
  • CEO Calvin McDonald will step down on January 31, 2026, with an executive chair and interim co-CEOs steering the transition.
  • The stock is down over 50% in the past year but jumped after-hours as investors welcomed solid results, a bigger buyback, and hope for a strategic reset.

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