Lululemon Athletica stock gains 1.48% as investors expect CEO announcement, Q4 earnings in focus
Lululemon Athletica Inc. Shares gained on Tuesday as investors awaited the company’s fourth quarter earnings release following the closing bell. Wall Street analysts forecast earnings per share (EPS) of $4.79 on $3.58 billion in revenue. This projected performance represents a sharp sequential increase over the previous quarter’s $2.59 EPS and $2.60 billion in sales, even…