Lululemon's CEO Search Just Got More Complicated

Key Points Lululemon is searching for a new CEO following a slump in U.S. sales. An activist investor is already involved, and now the company's founder wants to replace multiple board members. These developments could prolong the CEO search. 10 stocks we like better than Lululemon Athletica Inc. › Activewear retailer Lululemon (NASDAQ: LULU) has been struggling to remain relevant in its core U.S. market. The company is facing more competition than ever before, and management has been slow to rec ...