Business
Better Buy: Nike vs. Lululemon
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
When considering iconic global brands to invest in, Nike (NYSE: NKE) and lululemon athletica (NASDAQ: LULU) are certainly two of the first that come to mind. The organizations generated bountiful success for shareholders over the years and are well set up to continue doing so.
Which is the better investment? Upon examination, it is abundantly clear that both are fantastic options. Here’s why:
Nike’s promising transition
In Nike’s most recent quarter, sales grew by 9% with earnings growing 11% — both year over year. On the surface, this growth seems somewhat modest. When considering many of Nike’s wholesale partners…
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