Lululemon Athletica Inc. (NASDAQ: LULU) is scheduled to release its fiscal fourth-quarter financial results after the markets close on Tuesday. The consensus estimates call for $1.27 in earnings per share (EPS) on $911.42 million in revenue. In the same period of last year, it said it had EPS of $1.00 and $789.94 million in revenue.

During this quarter, Lululemon’s CEO Laurent Potdevin announced that he was departing the company due to a multiyear relationship with a female designer at the company he oversaw. The company said this fell short of Lululemon’s standards of conduct.

According to CNBC:

The employee in the relationship with Potdevin resigned in 2014, after the relationship had begun. Lululemon later brought her back to work on discrete company projects as a contractor. In January 2018, it did not renew her contract. CNBC is not identifying the employee to protect her privacy.

We can look forward to seeing an update on the CEO search, as well as what to expect for the coming year, after the close Tuesday.

Over the past 52 weeks, Lululemon stock has outperformed the broad markets, with its shares up 26%. In just 2018 alone, the stock is up 2%.

A few analysts weighed in on Lululemon ahead of the earnings report:

• Canaccord Genuity has a Hold rating and a $75 price target.
• Credit Suisse has an Outperform rating with a $96 price target.
• Oppenheimer has an Outperform rating with an $88 target.
• SunTrust has a Buy rating with a $95 target price.
• Cowen has a Buy rating and a $90 price target.
• Wells Fargo has a Hold rating with a $79 price target.

Shares of Lululemon were last seen at $80.00, with a consensus analyst price target of $84.33 and a 52-week range of $47.26 to $83.98.

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