Advertisement
Canada markets open in 5 hours 58 minutes

  • S&P/TSX

    21,885.38
    +11.66 (+0.05%)
     

  • S&P 500

    5,048.42
    -23.21 (-0.46%)
     

  • DOW

    38,085.80
    -375.12 (-0.98%)
     

  • CAD/USD

    0.7328
    +0.0005 (+0.06%)
     

  • CRUDE OIL

    84.16
    +0.59 (+0.71%)
     

  • Bitcoin CAD

    88,026.22
    +326.35 (+0.37%)
     

  • CMC Crypto 200

    1,387.36
    -9.17 (-0.66%)
     

  • GOLD FUTURES

    2,356.60
    +14.10 (+0.60%)
     

  • RUSSELL 2000

    1,981.12
    -14.31 (-0.72%)
     

  • 10-Yr Bond

    4.7060
    +0.0540 (+1.16%)
     

  • NASDAQ futures

    17,749.75
    +182.25 (+1.04%)
     

  • VOLATILITY

    15.51
    +0.14 (+0.91%)
     

  • FTSE

    8,128.72
    +49.86 (+0.62%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6825
    +0.0004 (+0.06%)
     

Bartosiak: Trading Lululemon's (LULU) Earnings with Options

David Bartosiak
Updated

On Wednesday, December 6th, Lululemon (LULU) will release its third quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of B.

Dave will look at Lululemon’s past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover 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, including items, such as fitness pants, shorts, tops and jackets, is designed for activities such as yoga, running and general fitness. The Company's fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats, instructional yoga digital versatile discs and water bottles. Lululemon athletica Inc. is based in Vancouver, Canada.

ADVERTISEMENT

Lululemon is expected to report earnings at $0.43 per share according to the Zacks Consensus Estimate. Last quarter they met earnings expectations at $0.38 per share. They have an average earnings surprise of 0.21%.

LULULEMON ATHLT Price, Consensus and EPS Surprise

LULULEMON ATHLT Price, Consensus and EPS Surprise | LULULEMON ATHLT Quote

Bottom Line

How should investors play Lululemon ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST tomorrow to see David’s thoughts.

The Best & Worst of Zacks

Today you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buys" free of charge. From 1988 through 2015 this list has averaged a stellar gain of +26% per year. Plus, you may download 220 Zacks Rank #5 "Strong Sells." Even though this list holds many stocks that seem to be solid, it has historically performed 11X worse than the market. See these critical buys and sells free >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
LULULEMON ATHLT (LULU): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research