lululemon athletica (LULU) Lower Ahead of Q4 Report
lululemon athletica (Nasdaq: LULU) shares are lower into the company's Q4 report, which is expected out before markets open on Thursday morning.
Currently, the Street consensus calls for LULU to post Q4 EPS of $0.73 on revenue of $602 million, from EPS of $0.75 and sales of $521 million reported in the same period last year.
Shares of LULU are down 3.5 percent with heavy volume. Trading activity isn't suggesting a move higher or lower Wednesday afternoon.
llululemon will host a conference call at 9:00 a.m. Eastern time Thursday morning to discuss financial results.
The company said in a recent press release: "If you would like to participate in the call, please dial (877) 303-3203 approximately 10 minutes prior to the start of the call.
"A live webcast of the conference call will be available online at: http://investor.lululemon.com/events.cfm. A replay will be made available online approximately 2 hours following the live call for a period of 30 days."