1053 ET - Lululemon athletica is set to reach the high end of its guidance in 2Q, according to Sharon Zackfia of William Blair. She says in a report that lululemon will meet the high end of both revenue and EPS guidance, and project revenue growth of 8% on a high-single-digit increase in brick-and-mortar sales and a mid-single-digit increase in ecommerce. China should support the results as well, she says, with a modest sequential improvement in consolidated global comparative figures to a roughly 2% constant-dollar comp gain, "reflecting an acceleration to a mid-teens comp in China Mainland on the shift in timing of Chinese New Year." Shares slip 1.8%. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
August 19, 2025 10:53 ET (14:53 GMT)
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