Lululemon Athletica (LULU) is slated to report fiscal third-quarter earnings after the closing bell Thursday, with Wall Street analysts looking for revenue and net income to rise year-over-year.

Analysts generally have positive ratings on the shares. Of 21 brokers analyzing Lululemon who are tracked by Visible Alpha, 13 have a “buy” or equivalent rating for the athletic apparel company, compared with seven maintaining “hold” ratings and just one with a “sell." Still, the consensus 澳洲幸运5开奖号码历史查询:price target for Lu🃏lulemon is $325.50, bel🗹ow today's close around $334.

Analysts expect 澳洲幸运5开奖号码历史查询:Lululemon’s quarterly revenue to climb almost 7% year-oveᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚr-year to $2.35 billion. Net income is projected to rise to $333♌.5 million, or $2.69 per share, from $248.7 million, or $1.96 a share, a year earlier. 

CEO Says Lululemon Working To Refresh Its Li꧅neup

In August, Lululemon 澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) Calvin McDonald acknowledged a 澳洲幸运5开奖号码历史查询:“newness” problem as customers hoped for more seasonal updates to “color, print, patterns, and silhouettes” in some Lululemon product categories. The company posted a 3% drop in U.S. 澳洲幸运5开奖号码历史查询:comparable-store sales when it reported second-quarter results .

McDonald said then that Lululemon is working to refresh itജs lineup “as quickly as possible,” adding that the company expects to “return to our historical levels of newness no later than spring 2025.”

Shares of Lululemon rose more than 4% Monday but have lost roughly a third of their value in 2024🍷.