Pre-Q2 Earnings: To Buy or Not to Buy lululemon (LULU) Stock?

lululemon athletica inc. (LULU) is likely to witness top and bottom-line growth when it reports second-quarter fiscal 2024 results on Aug 29, after market close.The Zacks Consensus Estimate for fiscal second-quarter sales is pegged at $2.4 billion, indicating an 8.8% increase from the year-ago quarter's reported figure. The consensus estimate for the company's fiscal second-quarter earnings is pegged at$ 2.93 per share, suggesting a 9.3% rise from the year-ago quarter’s actual. Earnings estimates have moved ...