Earning Previews: Nike Versus Lululemon (NKE, LULU)

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Published: March 16, 2012 12:09 pm

Last Updated: April 27, 2020 8:36 pm

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

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