Lululemon Reports 9% Drop in Comparable Sales Amid Leadership Transition

2026-09-05

Lululemon's second-quarter earnings fell short of expectations, prompting questions from analysts regarding the activewear brand's assessment of its current challenges. The company is also preparing for a new CEO.

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Lululemon's second-quarter financial results did not meet projections, with comparable store sales decreasing by 9%. The company is also preparing for a new chief executive officer.

Key facts

Lululemon announced second-quarter financial results that did not meet projections.
Comparable store sales decreased by 9%.
The company is in the process of appointing a new chief executive officer.
The report did not specify the exact reasons cited for the sales decline.

Source: Modern Retail

Reported by VERA Newswire.