Analysts expect Lululemon Athletica Inc. to report quarterly revenue of $3.58 billion and earnings per share of $4.77 on March 25, while the stock currently trades at $165.38 against a $186.28 average analyst price target.
The primary narrative for investors is the company's '2026 Action Plan,' specifically the potential recovery of comparable sales in the North American market following multiple quarters of stagnation.
The retailer is currently grappling with significant gross margin pressure stemming from the removal of de minimis trade exemptions and new tariff costs. While international growth in China remains a robust bright spot, market sentiment is cautious as the brand pivots back toward a full-price sales culture amid an ongoing search for a permanent CEO.