Athleisure Lovers Consider Lululemon

Nike has been in the news lately with their Colin Kaepernick campaign. For a retail brand, all this controversy and buzz is gold. Here is their new 'Dream Crazy' ad which hit the web last night. Take a watch on YouTube. After 12 hours, the clip had already garnered 4,37 million views. That makes me want to weep with joy (and so does the ad, actually).



If investing in athleisure brands like Nike takes your fancy, you should also consider Lululemon Athletica. The Canadian company is best known for its high-end yoga gear for women, but also makes amazing kit for runners (including men).

Here is what Goldman Sachs had to say about them recently, after they crushed earnings expectations and blew up to an all-time high share price. The share code is LULU:

LULU posted a significant 2Q18 beat with earnings per share of $0.71 vs GS/FactSet consensus of $0.50/$0.49, driven by strong comparable sales (+19%) and material gross margin expansion. Growth outperformed expectations across both stores and e-commerce, and featured an acceleration in traffic, impressive new customer acquisition, and a product range that is clearly resonating across the established women's business as well as the more nascent men's offer. LULU also raised financial year 2018 guidance. We increase our estimates and price target to $152 per share.