News Brief: Lululemon CEO Departure & Financial Results
Summary
Lululemon CEO Calvin McDonald will step down at the end of January after over a year of company underperformance and pressure from its founder. The announcement coincided with better-than-expected Q3 earnings but weak forward guidance.
Key Points
- Leadership Change: CEO Calvin McDonald departs Jan 31. CFO Meghan Frank and CCO André Maestrini will serve as interim co-CEOs.
- Context: Departure follows public criticism from founder/largest shareholder Chip Wilson, who claimed the company was “in a nosedive.”
- Q3 Performance: Earnings ($2.59/share) and revenue ($2.57B) beat analyst expectations.
- Weak Guidance: Q4 sales and earnings forecasts fell short of Wall Street estimates.
- Revised Full-Year Outlook: Annual guidance was raised slightly and is now roughly in line with expectations.
- Business Challenges: Facing tariff impacts (~$210M profit hit), shifting consumer preferences, and stiff competition. Americas sales declined 2% while international sales surged 33%.
新闻简报：Lululemon CEO离职及财务业绩
摘要
Lululemon首席执行官卡尔文·麦克唐纳将于一月底卸任，此前公司业绩已持续一年多表现不佳并面临创始人压力。该公告与超预期的第三季度财报同时发布，但公司前景指引疲软。
关键点
- 领导层变动：首席执行官卡尔文·麦克唐纳将于1月31日离职。首席财务官梅根·弗兰克和首席商务官安德烈·马埃斯特里尼将担任临时联合首席执行官。
- 背景：此次离职是在创始人兼最大股东奇普·威尔逊公开批评公司”业绩急转直下”之后发生的。
- 第三季度业绩：每股收益（2.59美元）和营收（25.7亿美元）超出分析师预期。
- 疲软指引：第四季度的销售和盈利预测均低于华尔街预期。
- 修订全年展望：年度业绩指引小幅上调，目前大致符合预期。
- 业务挑战：面临关税影响（约2.1亿美元利润冲击）、消费者偏好转变以及激烈竞争。美洲地区销售额下降2%，而国际销售额激增33%。
Original Article Link: https://www.cnbc.com/2025/12/11/lululemon-ceo-calvin-mcdonald-departing.html