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Lululemon Athletica Inc. (LULU), based in Vancouver, Canada, is a lifestyle-inspired athletic apparel company specializing in yoga, running, training, and other active pursuits. With a market cap of $49.1 billion, Lululemon is renowned for the comfort of its clothing and its ability to create transformative products and experiences.
The activewear powerhouse is expected to release its fourth-quarter results on Thursday, Mar. 20. Ahead of the event, analysts expect Lululemon to report a profit of $5.86 per share, marking a 10.8% increase from $5.29 per share reported in the year-ago quarter. Impressively, Lululemon has beaten analysts' expectations in the last four quarters. Its EPS of $2.87 for the last reported quarter surpassed the consensus estimates by 6.7%.