Lululemon Stock (LULU) News Today: CEO Transition, Nasdaq-100 Exit, Buyback Boost and Fresh Analyst Forecasts (Dec. 16, 2025)
Lululemon shares fell 1% to $204.26 on Dec. 16 after the company announced CEO Calvin McDonald will step down in January 2026, with CFO Meghan Frank and CCO André Maestrini named interim co-CEOs. The news follows an earnings beat, expanded buybacks, and confirmation of LULU’s removal from the Nasdaq-100. Founder Chip Wilson has publicly criticized the board’s direction.