Nike's (NYSE: NKE) stock plunged 20% to a four-year low after its Q4 2024 earnings report revealed a 2% revenue decline, missing analysts' expectations. Despite a 50% EPS rise, revenue growth stagnated, notably in the Nike Direct segment. Anticipate further challenges as competitors gain momentum...
Lululemon Athletica (NASDAQ: LULU) shares surged over 8% premarket on Wednesday after the company raised its full-year EPS forecast to $14.27-$14.47, citing strong Q1 results, particularly in China. The iconic brand reported a Q1 EPS of $2.54, beating Wall Street's $2.38 estimate.
