4 stocks to watch on Thursday: AVGO, LULU, KMB and PG

U.S. stock index futures on Thursday rose after reports that President Donald Trump had held a phone call with Chinese President Xi Jinping. Here are some stocks to watch on Thursday:

• Shares of Broadcom (NASDAQ:AVGO) will be in focus ahead of the chipmaker’s FQ2 2025 results after the closing bell. Wall Street expects the Palo Alto, Calif.-based company to earn $1.57 per share on revenue of $14.97B. The top-line figure is seen rising 20% Y/Y, amid continued demand for Broadcom’s (NASDAQ:AVGO) custom artificial intelligence chips from customers looking for alternatives to Nvidia’s (NVDA) costly processors. AVGO on Tuesday unveiled a new chip focused on improving AI performance.
• Lululemon Athletica (NASDAQ:LULU) stock will also garner attention, ahead of the yoga wear maker’s Q1 report after hours. Wall Street expects the company to earn $2.60 per share on revenue of $2.37B. Lululemon (NASDAQ:LULU) has largely outperformed a market that has taken a beating from consumers pulling back on discretionary spending, thanks to its strong brand and pricey products. LULU in 2024 delivered revenue of $10.6B, an increase of 10%.
• Kimberly-Clark (NASDAQ:KMB) stock was -1% in pre-market trading. The company, which owns popular consumer and household brands such as Huggies diapers and Kleenex tissues, and Suzano, the world’s largest pulp producer, announced the creation of a $3.4B joint venture to make tissue products such as toilet paper, napkins, paper towels and facial tissues. Suzano will acquire a 51% interest in the new entity, with Kimberly-Clark (NASDAQ:KMB) holding a 49% interest.
• Shares of Procter & Gamble (NYSE:PG) were -0.4% ahead of the opening bell. The consumer brands giant at a Deutsche Bank conference announced a 2-year restructuring program under which it plans to eliminate 7,000 jobs, or about 15% of its non-manufacturing workforce. The move will come amid sluggish consumer sentiment and ongoing tariff uncertainty. The company owns popular household names such as Gillette, Tide and Ariel.