- Advertisement -
Lululemon chief executive Calvin McDonald just learned the hard way that in fashion, cool sometimes speaks louder than numbers on an income statement.
McDonald joined the activewear retailer from Sephora in 2018, and managed to triple sales to over $10 billion in 2024. On Thursday the company lifted its annual guidance, forecasting sales growth of 4 percent for the fiscal year. Third-quarter sales rose 7 percent year-on-year, driven by strong international demand. McDonald’s plan had been…
