May. 18 at 6:31 PM
$LULU — 9 Major Catalysts on the Horizon (Beyond Tariffs)
June 3 earnings — First binary event. Consensus EPS
$1.72 on
$2.48B revenue. Key watch: Is China delivering guided +25–30%? Any upside surprise = immediate re-rating. LULU has beaten EPS estimates 4 quarters in a row.
Annual shareholder meeting — Proxy fight between Chip Wilson, Elliott Management (
$1B+ stake), and the board comes to a head. If Wilson's nominee Marc Maurer (former co-CEO of On Holding) wins a board seat, it signals a genuine strategic reset.
Heidi O'Neill starts Sep 8 — New permanent CEO brings Nike-level product and digital expertise. Investor day / full strategic plan expected within 90 days. First time the market gets a concrete North America recovery roadmap.
India launch — 1.4 billion people, zero meaningful premium athleisure competition. Franchise partnership with Tata CLiQ Luxury. This is the China opportunity circa 2018.