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Lululemon Reports 9% Drop in Comparable Sales Amid Leadership Change

Key takeaways

  • Lululemon's comparable sales fell 9%, marking its worst performance since the Great Recession. New CEO Heidi O'Neill faces significant challenges ahead.

Analysis

Lululemon's comparable sales fell 9%, marking its worst performance since the Great Recession. New CEO Heidi O'Neill faces significant challenges ahead.

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