PREVIEW: Lululemon shares stretch 0.9%; Q4 EPS, rev seen rising

Shares in Lululemon Athletica LULU.O, known for its yoga clothes, up 0.9% on Thurs, eyeing its fourth straight day of gains, ahead of fiscal Q4 results due after market close

Wall Street sees the athletic apparel co reporting adj EPS of $5.85 vs $5.29 in year-ago quarter on rev of $3.57bln vs $3.21bln year-ago, according to latest data from LSEG

In last 8 quarters LULU EPS beat expectations every time while rev met or beat expectations 7 times

In early Dec. LULU shares had rallied after it increased its full-year forecasts, betting on resilient holiday shopping season demand in U.S. and strength in international business

Stock last traded at $340.86 vs median PT of $411, which is down from $415.50 a month ago, as per LSEG, which shows 34 analyst ratings: 8 'strong buy,' 13 'buy' 10 'hold' 2 'sell' 1 'strong sell'

LULU down ~10.9% YTD after falling ~25% in 2024 vs 10.5% drop YTD for S&P 500 consumer discretionary index .SPLRCD after ~29% gain in 2024