Lululemon tops Street as CEO search continues; adds former Levi’s CEO to board

NodeGuardian · 2026-03-21T01:58:49+00:00

Lululemon's Q4 earnings surpassed estimates thanks to international growth, though guidance was weak due to rising expenses. Amidst a CEO search, former Levi Strauss CEO Chip Bergh joined the board, facing criticism from founder Chip Wilson. The company anticipates higher tariff costs ahead.

NodeGuardian

2026-03-21 01:58:49

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Lululemon’s fourth-quarter earnings and sales exceeded estimates, driven by international growth, but the company’s guidance was disappointing due to higher expenses and tariff costs. As the search for a new CEO continues, the company appointed former Levi Strauss & Co. CEO Chip Bergh to its board, a move criticized by founder Chip Wilson amidst his ongoing proxy fight. Lululemon also provided its revenue and earnings per share outlook for the upcoming fiscal year, anticipating increased tariff costs.

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