Lululemon Earnings: What to Watch
lululemon athletica (NASDAQ: LULU) investors have every reason to expect a significant business impact from the spread of coronavirus (COVID-19) and the related efforts to contain the outbreak. The athletic apparel producer over the weekend joined peers including Nike and Under Armour in temporarily closing most of its store base.
That situation all but ensures that management will predict a sharp sales decline ahead when it posts earnings results on Thursday, March 26. However, Lululemon might have good news to report about sales trends in the fiscal quarter that just closed, and with respect to its booming digital business.
Let's take a closer look.
Source Fool.com