Since hitting a peak in late 2023, the company’s shares have fallen by about 68%, leaving Lululemon with a market capitalization of $20 billion. For Wilson’s 8.4% stake, that translates to a $3.3 billion paper loss—so it’s understandable that Wilson is frustrated. He may, however, have engaged in some magical thinking about the company’s trajectory: Wilson has said that he believes Lululemon should have had a $100 billion market cap by 2023—a value that would have been greater than Nike’s. That has clearly not happened.
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Варвара Митина (редактор)