Is lululemon athletica (LULU) Cheap As Earnings Expectations Set A Tough Valuation Test?

Analyst expectations set the tone for lululemon athletica stock Wall Street forecasts around quarterly earnings of $1.79 per share for lululemon athletica (LULU), with expected revenue of about $2.47b. These projections imply lower earnings and slightly softer sales compared with the same quarter last year. At a share price of $120.26, lululemon athletica has seen short term momentum steady, with a 7 day share price return of 1.63% and a 30 day gain of 1.17%. That sits against a much...