Lululemon Reports Thursday Amid Premium Slowdown — When Does It Bottom?
Lululemon reports Thursday after the close, with investors focused on whether North American comparable sales can stabilize and whether China's robust growth can continue to offset domestic weakness. The core concern is gross margin and inventory health under the twin pressures of consumer trade-down and tariff costs weighing on the premium activewear segment. Management's full-year guidance tone will set the market's pricing of 'premium consumer resilience.' Can China become Lululemon's second growth engine — and with shares down three consecutive years, when does the stock finally bottom?