Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Disappointed With Nike's Earnings? Seriously, Give Lululemon Stock a Look

TheMotleyFool

0 0

Disappointed With Nike's Earnings? Seriously, Give Lululemon Stock a Look: https://g.foolcdn.com/editorial/images/703492/three-young-people-running-outdoors-healthy-jogging.jpg

Nike (NYSE: NKE) and Lululemon Athletica (NASDAQ: LULU) look like they're on divergent paths right now. The two growing athletic-wear companies reported elevated inventory during their most recent quarterly updates, but the respective management teams provided very different messages about what that means for upcoming financial performance.

Nike sees lots of discounts coming later this year but not so for Lululemon. Recent market turbulence has been a factor, but Lululemon stock has greatly outperformed Nike since the two updates.

If Nike's report and outlook were disappointing to you, Lululemon is worth a serious look right now.

Source Fool.com

Like: 0

NKE

Share