On Wednesday, Lululemon Athletica Inc. (NASDAQ: LULU) surpassed Wall Street’s earnings and revenue estimates with its first fiscal quarter results. However, the Nike NYSE: NKE) and Adidas AG (OTC: ADDYY) rival also issued a weak second quarter outlook as it faces a slowdown at its largest market, the Americas, where it reported flat comparable sales. But, Lululemon stock still jumped 10% upon the report during extended trading on Wednesday. Fiscal First Quarter Highlights For the quarter ended o
Zacks.com users have recently been watching Nike (NKE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
For many investors, the main point of stock picking is to generate higher returns than the overall market. But its...