Lululemon (LULU) Growth On The Horizon?

Lululemon (LULU) earnings are to be released today, March 28th, postmarket. Alex Coffey and Jenny Horne discuss LULU as its adjusted EPS is estimated at $4.25 and revenue is estimated at $2.69B. They compare LULU to Nike (NKE). They note that LULU's adjusted EPS last quarter came in at $2.00 versus an estimated $1.96. They then go over if LULU has grown relative to itself and its peers. Alex then demonstrates an example trade using LULU. The trade type is a skewed put butterfly and the direction is neutral to bullish. Tune in to find out more about the stock market today.