Lululemon 2Q'25 Update

Over the last few quarters, there have been a murmur around Lululemon potentially needing a new management to right their ship. Given that they tripled their revenue in the last six years under Calvin McDonald’s leadership, I was reluctant to join this chorus. However, after yesterday’s call, admittedly I too feel McDonald’s days at Lululemon may (or should) be numbered.

I will explain more and share my thoughts on the quarter behind the paywall.