Lululemon (LULU) reports earnings Thursday August 31, 2017 after the close.
It beats EPS by 5% on average.
But the stock goes down 4% on average after earnings.
In the past 6 quarters, it’s had:
* 3 beats
* 1 meet
* 2 misses
This earnings season, Foot Locker (FL), Dick’s Sporting Goods (DKS) and Hibbett Sports (HIBB) all disappointed investors when they reported earnings.
All eyes will be on Lululemon when it reports earnings August 31st.
We hope that it does well. We think that it is a buyout candidate.
Perhaps a company like Nike (NKE) or Under Armour (UAA) will buy out Lululemon in the near future.
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