Better Buy: Nike vs. Lululemon
When it comes to size, Nike (NYSE: NKE) is second to none in the global sportswear market. The home of The Swoosh recorded $37.4 billion in sales during its last full fiscal year, and before the pandemic, it was still growing the top line at a healthy clip. The company's products are known all over the world, but because competition is always fierce in this industry, Nike can't afford to rest on its laurels.
lululemon athletica (NASDAQ: LULU) is the younger, fast-growing player, with revenue that increased 10.6% in the most recent fiscal year. Even more impressively, the business has registered fantastic growth over the past decade and doesn't show any signs of letting up.
For investors looking to gain exposure to the athletic apparel market, read on to find out which of these stocks is the better buy.
Source Fool.com
