Better Buy: Lululemon vs. Nordstrom
Retailers lululemon athletica (NASDAQ: LULU) and Nordstrom (NYSE: JWN) have been on two different tracks. Lululemon stock price has climbed 418% over the last three years, while Nordstrom's share price has dropped 61%.
Lululemon offers plenty of growth opportunities, but the question is whether Nordstrom also has some growth opportunity and its stock is cheap enough to warrant a better buy right now. Let's compare the investment case for each stock to find out.
Lululemon continues to show why it's a star in the making in the athletic-apparel industry. Even while its stores were closed during the pandemic, Lululemon's direct-to-consumer channel (which includes e-commerce) grew 155% year over year in the fiscal second quarter. Online sales comprised 61% of the business, helping Lululemon post a slight increase in total revenue despite the loss of store traffic.
Source Fool.com
