The Best Apparel Retail Stock To Own In June
lululemon(LULU) Forbes·2024-06-05 16:10
Shares of Lululemon Athletica (LULU) are down 0.5% this afternoon, last seen at $305.40 ahead of the athletic apparel retailer’s first-quarter earnings report, due out after the close today. Analysts expect the firm to post earnings of $2.38 on revenue of $2.194 billion, amid worries about slowing sales growth and competition from newer brands like Alo and Vuori.Since the beginning of the year, LULU is one of the worst performers on the S&P 500 (SPX), down 40.5% year-to-date. The equity has struggled especi ...