Earnings probably a blowout. Valuation now a lot cheaper. For comparison UA trades more expensive now...but I think Lulu has a much better market position; no competition unlike UA which competes with NKE and Addidas.
LULU earnings at this point are being driven by same store sales gains of 30% year/year, which is amazing; the new store openings are not too much. I suspect their guidance on same store sales will fall into the 10-20%. Of course online sales is another factor.
Under that type of guidance, stock should rocket. Remember retailers have had a hard time lately but when it reverses, most will pop...and lulu short interest will be a driver.