Apparel retailer Lululemon Athletica on Thursday forecast annual revenue below expectations, hurt by sluggish consumer demand for the company's premium athleisure and accessories.

Lululemon raised its holiday sales guidance in January after it saw sales trends come in "balanced across channels, categories, and geographies."

Ike Boruchow, Wells Fargo Securities senior equity analyst, and John Kernan, TD Cowen research analyst, join 'Power Lunch' to offer the bull case for Nike and Lululemon.

Analysts expect the company to post its 14th consecutive quarter of double-digit growth in same-store sales.

[Note: Lululemon's FY'23 ended January 2024]

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Beyond analysts' top -and-bottom-line estimates for Lululemon (LULU), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the qu...

Nike lowered growth expectations last quarter. Lululemon is pushing gross profit margins toward 60% of sales.

Lululemon laid out ambitious five-year goals, and it has executed well during the plan's first two years. The company is growing in key areas like men's apparel and international markets.

Lululemon has a core clientele of affluent customers who pay up for its premium products. On Holding has developed a cult following for its running shoes and is just getting started.

lululemon (LULU) Q4 results are expected to reflect gains from a solid holiday season, driven by balanced sales trends across channels, categories and geographies.

Lululemon (LULU) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

The athleisure segment has had mixed fortunes. While highfliers such as Lululemon (NASDAQ: LULU ) continue to post amazing growth, other players have stumbled.

Lululemon (LULU) concluded the recent trading session at $457.76, signifying a -0.57% move from its prior day's close.

A consistent record of double-digit growth characterizes Lululemon's financials. Lululemon's premium brand adds to its durability and helps to protect it from competition.