Where Will Lululemon Stock Be When the Dust Settles?

The search for Lululemon's (NASDAQ: LULU) next CEO is getting messy. Not only was there no clear succession plan when CEO Calvin McDonald announced his impending resignation, but activist investor Elliot Investment Management has built a stake and is pushing a specific pick, and founder Chip Wilson is looking to replace board members before a decision is made.Image source: Getty Images.All of this will be behind the company at some point next year, and the next CEO will then have the task of returning the core U.S. business to growth. While it will take time for any new strategy to take hold, Lululemon stock could surge in 2026 if the new CEO can spin a compelling turnaround story.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool