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Lululemon (LULU) Stock: Why We Named It a Strong Buy | 7investing Live
Is Lululemon stock (Nasdaq:LULU) a turnaround opportunity or a falling knife? Simon Erickson and Heather Horton break down the athleisure brand’s comeback plan, from its recurring see-through leggings problem to a sweeping leadership overhaul under new CEO Heidi O’Neill.We cover founder Chip Wilson’s activist push for a product-first strategy, the new board members and executives joining from ESPN, On Holding, Athleta, and Walmart Canada, and Lululemon’s Q2 fiscal 2026 earnings. Revenue and comparable sales are falling, but gross margins, share buybacks, and a $1.4 billion cash position tell…
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