Lululemon Athletica in 2Q16: Will the Activewear Firm Outperform? (Continued from Prior Part) Lululemon Athletica’s 2Q16 results: Revenue analysis Lululemon Athletica (LULU), which declares its 2Q16 results on September 10, is expecting sales in the range of $440 million to $445 million in the quarter. That’s 12.6% to 13.9% higher than its levels in 2Q15. Same-store sales growth is projected in the high single digits in constant-currency terms. Competitors L Brands (LB) and The Gap (GPS) have posted mixed results in their last respective reported quarters. LB reported 4% comps growth in the 13 weeks that... More