March 17 (Reuters) - Lululemon forecast 2026
revenue and profit below Wall Street expectations on Tuesday,
underscoring its challenges as it faces rising competition and
an attempt by founder Chip Wilson to overhaul the board.
The company, which is searching for a permanent CEO after
Calvin McDonald's departure in December, expects annual revenue
to be between $11.35 billion and $11.50 billion, compared with
analysts' average estimate of $11.51 billion, according to data
compiled by LSEG.
It also forecast annual profit in the range of $12.10 to
$12.30 per share, while analysts estimated $12.58.