Oct 22, 4:15 PM ET
lululemon athletica inc. appointed Tara Poseley, a former lululemon Chief Product Officer, as a board director effective October 19, 2026, expanding the board from twelve to thirteen members. The appointment is made under the company's May 26, 2026 cooperation agreement with founder Dennis J. "Chip" Wilson and his affiliates, and it does not involve a financial result or guidance change.
- Tara Poseley appointed to board effective October 19, 2026, as a Class II director and member of the People, Culture and Compensation Committee
- Board expanded from 12 to 13 members; the company says 12 of 13 directors are independent
- Appointment made under cooperation agreement with Dennis J. "Chip" Wilson dated May 26, 2026
- Poseley previously served as lululemon Chief Product Officer from 2013 to 2015 and as CEO of Paula's Choice Skincare from 2016 to 2023
Read the filing on SEC.gov ↗
Oct 7, 4:15 PM ET
lululemon appointed Maggie Gauger as President and Chief Product Officer and Joseph Godsey as Chief Operating Officer, both newly created roles effective October 26, 2026. Chief Brand & Product Activation Officer Nikki Neuburger and Chief Supply Chain Officer Ted Dagnese will leave the company on November 6, 2026, and CFO Meghan Frank takes on expanded responsibilities, including interim oversight of the global brand and technology functions.
- Maggie Gauger: annual base salary of $1,000,000, bonus target of 150% of base salary, $1,900,000 sign-on bonus, and a one-time RSU grant valued at $2,800,000 vesting over two years
- Joseph Godsey: annual base salary of $700,000, bonus target of 100% of base salary, $650,000 sign-on bonus, and a one-time RSU grant valued at $2,000,000 vesting over two years
- Neuburger and Dagnese depart November 6, 2026; each departure is treated as a termination without cause under their employment agreements
- Searches are underway for a Chief Brand Officer, Chief Communications Officer, Chief Technology Officer and Chief Strategy Officer
Read the filing on SEC.gov ↗
Sep 14, 4:15 PM ET
Lululemon appointed Heidi O'Neill as chief executive officer and as a member of its board on September 8, 2026, ending the interim co-CEO roles of Meghan Frank and Andre Maestrini. The same day, the board adopted bylaw amendments covering stockholder nominations, meeting procedures and emergency operations, which shareholders may wish to review in the filed bylaws.
- Heidi O'Neill began service as CEO and joined the board on September 8, 2026; the board increased from 11 to 12 members
- Meghan Frank and Andre Maestrini ceased serving as interim co-CEOs as of September 8, 2026
- Bylaws amended September 8, 2026, effective immediately, to update stockholder nomination and proposal procedures for universal proxy cards
- A new Article XIII adds emergency bylaws for emergencies or disasters; full text filed as Exhibit 3.1
Read the filing on SEC.gov ↗
Sep 3, 4:07 PM ET
lululemon reported second-quarter fiscal 2026 net revenue of $2.4 billion, down 4% from a year earlier, and diluted EPS of $2.92 versus $3.10, with comparable sales down 9%. Results include $0.86 per share from IEEPA tariff refunds and associated interest, and the company revised its full-year outlook to net revenue of $10.350 billion to $10.500 billion and EPS of $9.48 to $9.73, both including that refund. For shareholders, the filing shows lower sales and profit and a third-quarter revenue forecast down 10% to 11%, with Heidi O'Neill set to become CEO next week.
- Net revenue fell 4% to $2.4 billion; Americas net revenue fell 8% and Americas comparable sales fell 12%.
- Diluted EPS was $2.92 versus $3.10; $0.86 per share came from $134.5 million in tariff refunds plus $4.1 million of interest.
- 2026 outlook: net revenue of $10.350 billion to $10.500 billion (down 5% to 7%); diluted EPS of $9.48 to $9.73; excludes further tariff refunds and share buybacks.
- Q3 2026 outlook: net revenue of $2.290 billion to $2.320 billion (down 10% to 11%) and diluted EPS of $0.93 to $0.98.
Read the filing on SEC.gov ↗
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