What to Watch Thursday: Lululemon Earnings, Jobless Claims

On Thursday, Sept. 1, investors await earnings from Lululemon Athletica (LULU) - Get Report and weekly jobless claims. After the markets close, analysts expect the athletic retailer to post earnings of $0.38 a share on sales of $515.5 million. During the same quarter a year ago, the company posted profits of $0.34 a share with revenue of $453 million. Investors will be looking for updates on the company's strategy to broaden its customer base, especially with its lineup of men's clothing. Chipmakers Ambarella (AMBA) - Get Report and Broadcom Ltd. (AVGO) - Get Report also release earnings after the markets close on Thursday, along with payments company Verifone Systems (PAY) . On the economic calendar, weekly jobless claims are released at 8:30 a.m. EDT, followed by the ISM Manufacturing Index for August at 10 a.m. TheStreet's Scott Gamm reports from Wall Street.