Published: Dec. 11, 2025 at 5:24 p.m. ET
Investors cheered the departure of Lululemon Athletica’s chief executive, with the athleisure-apparel maker’s stock rallying more than 10% in the after-hours session Thursday.
Lululemon LULU said Thursday that CEO Calvin McDonald plans to step down on Jan. 31. McDonald and the board are working on a “smooth” transition, with the executive serving as a senior adviser to the company through March 31.
