Retail

Earning Previews: Nike Versus Lululemon (NKE, LULU)

lululemon
This coming Thursday should be an interesting earnings day as we have earnings due from both Nike Inc. (NYSE: NKE) and Lululemon Athletica Inc. (NASDAQ: LULU). Nike is far larger with a $51 billion market cap and shares at an all-time high.  Lululemon has been on fire after hitting a new all-time high on Friday with a market cap of nearly $10.5 billion.

Nike has estimates from Thomson Reuters of $1.16 EPS on $5.8 billion in revenues.  The coming quarter is expected to be $1.41 EPS on $6.59 billion in sales.  Shares appear to have hit a new all-time high of $111.78 on Friday.  Analysts have a consensus target of $111.60 for Nike.

Lululemon Athletica has estimates from Thomson Reuters of $0.49 EPS on $362.37 million in revenues; next quarter estimates are $0.30 EPS on $257.07 million in revenues.  For the year January 2013, estimates are $1.60 EPS on $1.31 billion in revenues.  Lulu hit a new high of $74.50 on Friday and the consensus analyst target is $67.31.

Both companies are going to need to do very well in their earnings reports if they want their shares to continue running higher.

JON C. OGG

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.