Lululemon CEO 'not satisfied' with Q2 results as profit declines

News Room
By News Room 4 Min Read

Lululemon Athletica Inc.’s CEO says he is not happy with the clothing retailer’s latest results, as it faces softer consumer demand and tariff headwinds, coupled with the removal of the de minimis exemption for small U.S.-bound shipments.

“We are not satisfied with the results for the quarter, and we know our brand can and will perform better than these results,” Calvin McDonald told an earnings call Thursday. 

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