PREVIEW: Lululemon shares fall with results due after the bell

Shares of Lululemon Athletica LULU.O were down 1.3% on Thurs, with the athleisure apparel retailer due to report a rise in qrtrly rev when it releases results after the closing bell

Analysts expect Q1 rev of $2.36 bln vs $2.21 bln in the yr-ago qtr, and EPS of $2.58/shr vs $2.54 a yr ago, according to LSEG

Earlier this week, both Piper Sandler and TD Cowen raised their price targets on LULU

The median 12-mo PT on LULU is $327.50; the stock was last at $330.69 on Thurs

The co in late March said economic uncertainty was dampening demand for its apparel and U.S. tariffs on imports from China and Mexico had squeezed its forecast for the year

The U.S. and China on May 12 said they have agreed to a deal to slash reciprocal tariffs

Analyst recommendations on the stock include 19 "strong buy" or "buy" ratings, 13 "hold" ratings and three "sell" or "strong sell" ratings

LULU is down about 14% YTD compared with a roughly 9% fall in the S&P 500 consumer discretionary sector .SPLRCD