Lululemon CEO Calvin McDonald to Step Down: What It Means for LULU Stock Price, Earnings Outlook, and Wall Street Forecasts (Dec. 12, 2025)
Lululemon said CEO Calvin McDonald will step down Jan. 31, 2026, with CFO Meghan Frank and Chief Commercial Officer André Maestrini named interim co-CEOs. Shares rose to $187.01 Friday after Q3 2025 results beat expectations, driven by international gains despite weak U.S. trends. The board has begun a formal CEO search. Market cap stood near $19.35 billion.