On Thursday, September 1st, Lululemon (LULU - Free Report) will release its Q2 2016 earnings results. The company is currently a Zacks Rank #3 (Hold) and shares are up about 49% year-to-date.
Dave will look into Lululemon’s past earnings, look at what is currently going on with the company, and gives us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will look into some potential options trades for investors looking to make a play on Lululemon ahead of earnings.
Lululemon in Focus
Lululemon Athletica Inc. designs and retails athletic clothing for women, men, and female youth. Its apparel assortment, includes items such as fitness pants, shorts, tops and jackets, is designed for activities such as yoga, running and general fitness. The company also sells an array of accessories such as bags, yoga mats, and water bottles.
Lululemon met expectations in its Q1 2016 earnings report, posting an EPS that was equal to the Zacks Consensus Estimate.
LULU has an average EPS surprise of 0.21% for the last four quarters. In Q2, the company met our consensus estimate, posting EPS of $0.34. In Q3, LULU missed earnings expectations by 5.4%. In Q4 of 2015, Lululemon beat the Zacks Consensus Estimate by 6.25%.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
On Thursday, September 1st, Lululemon (LULU - Free Report) will release its Q2 2016 earnings results. The company is currently a Zacks Rank #3 (Hold) and shares are up about 49% year-to-date.
Dave will look into Lululemon’s past earnings, look at what is currently going on with the company, and gives us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will look into some potential options trades for investors looking to make a play on Lululemon ahead of earnings.
Lululemon in Focus
Lululemon Athletica Inc. designs and retails athletic clothing for women, men, and female youth. Its apparel assortment, includes items such as fitness pants, shorts, tops and jackets, is designed for activities such as yoga, running and general fitness. The company also sells an array of accessories such as bags, yoga mats, and water bottles.
Lululemon met expectations in its Q1 2016 earnings report, posting an EPS that was equal to the Zacks Consensus Estimate.
LULU has an average EPS surprise of 0.21% for the last four quarters. In Q2, the company met our consensus estimate, posting EPS of $0.34. In Q3, LULU missed earnings expectations by 5.4%. In Q4 of 2015, Lululemon beat the Zacks Consensus Estimate by 6.25%.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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