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Bartosiak: Trading Lululemon's (LULU) Earnings with Options

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On Thursday, August 31st, Lululemon  (LULU - Free Report) will release its second quarter earnings results after the bell. The company is a Zacks Rank 3 (Hold), and have a Value, Growth, and Momentum score of B.

Dave will look at Lululemon ’ past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.

Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Lululemon  ahead of earnings.

Lululemon  in Focus

Lululemon athletica Inc. designs and retails athletic clothing for women, men, and female youth. Its apparel assortment, including items, such as fitness pants, shorts, tops and jackets, is designed for activities such as yoga, running and general fitness. The Company's fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats, instructional yoga digital versatile discs and water bottles. lululemon athletica Inc. is based in Vancouver, Canada.

Lululemon is expected to report earnings at $0.35 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 14.29%. They reported earnings at $0.32per share, beating their estimate of $0.28. They have an average earnings surprise of 5.65%.

lululemon athletica inc. Price, Consensus and EPS Surprise

lululemon athletica inc. Price, Consensus and EPS Surprise | lululemon athletica inc. Quote

Bottom Line

How should investors play Lululemon ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST today to see David’s thoughts.


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