What to Watch When Lululemon Athletica Reports Earnings
The athletic apparel company that aims to make you look good while you sweat -- officially known as lululemon athletica (NASDAQ: LULU) -- will report its financial results for the third quarter on Wednesday, Dec. 6, after the market close.
Lululemon continues to demonstrate its brand is still very relevant in the highly competitive retail landscape, as revenue continues to grow at a roughly midteen rate, margins strengthen, and new designs prove successful.
Here's the nitty-gritty you need to know before Lululemon reports earnings.
Source: Fool.com
Lululemon Athletica Inc. Stock
Currently there is a rather positive sentiment for Lululemon Athletica Inc. with 91 Buy predictions and 6 Sell predictions.
With a target price of 453 € there is a hugely positive potential of 94.05% for Lululemon Athletica Inc. compared to the current price of 233.45 €.