Lululemon Looks Ahead to Earnings Amid Recovery

Retail favorite Lululemon Athletica Inc (NASDAQ:LULU) is set to report after Thursday's close, June 4. According to Zacks Research, analysts expect fiscal-second quarter earnings of $1.67 per share on revenue of $2.43 billion.

The options pits are pricing in a post-earnings swing of 13.8%, regardless of direction, this time around, which is much larger than the 10.9% move the stock has average over the last eight quarters. LULU has closed five of its last eight post-earnings sessions higher, though that stretch includes a 19.8% drop following its September 2025 report. 

On the charts, LULU is trying to stay in recovery mode after falling to seven year lows on May 20. Year to date the equity has shed 36% but still sports six wins out of the seven previous daily sessions. 

Short interest represents 6.02% of the stock’s available float and has climbed nearly 40% over the past month, creating the potential for additional buying pressure should the shares continue higher.

Plus LULU's Schaeffer's Volatility Scorecard (SVS) sits at a lofty 95 out of 100, indicating Deckers stock has tended to exceed option traders' volatility expectations during the past year.