William Blair analysts are optimistic about lululemon athletica’s (LULU) upcoming earnings report. They expect the company to beat first quarter guidance and consensus expectations, with revenue growth of 20% and EPS growth of 36%. The analysts believe that healthy sales trends have continued across all categories and regions, including accelerating trends in China. Domestic in-store markdowns were similar to the year-ago period, while online markdowns rose at a low-double-digit cadence. With these positive indicators, investors should keep an eye on LULU’s earnings report on June 1.
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