U.S. Markets closed

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

David Bartosiak

On Tuesday, March 29th, Lululemon (LULU) will release its fourth quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of F.

In our video David will take a look at the current state of Lululemon, their past earnings announcements, and he’ll give us his thoughts on their upcoming earnings call. Furthermore, David will also give us insight on how to play the options market.

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.

Lululemon is expected to report earnings at $1.01 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings at $0.47, beating expectations by $0.04. Their average EPS surprise is 3.89%.

lululemon athletica inc. Price, Consensus and EPS Surprise

lululemon athletica inc. Price, Consensus and EPS Surprise | lululemon athletica inc. Quote

Bottom Line

How should investors play Lululemon ahead of their earnings report? For insights on the best options trades, then tune in 11:00am tomorrow to see David’s thoughts.

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging
phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020. Click here for the 6 trades >>

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 athletica inc. (LULU): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research