The following video is from Friday's Investor Beat in which host Rex Moore, and analysts James Early and Ron Gross dissect the hardest-hitting investing stories of the day.
Nike (NYSE: NKE ) shares soared to an all-time high on an outstanding earnings report, while lululemon (NASDAQ: LULU ) took the expected hit on the recall of black yoga pants. Meanwhile, luxury jeweler Tiffany (NYSE: TIF ) turned in a sparkling fourth quarter. Revenue was up 4%, with Asia-Pacific sales jumping 13%. In this installment of Investor Beat, our analysts discuss what it means for investors.
Lululemon has the potential to grow its sales by 10 times if it can penetrate its other markets like it has in Canada; but, without question, the competitive landscape is starting to increase. Can Lululemon fight off larger retailers like Gap and Nordstrom, and ultimately deliver huge profits for savvy investors like yourself? The Motley Fool answers these questions and more in our most in-depth Lululemon research available for smart investors like you. Thousands have already claimed their own premium ticker coverage, and you can gain instant access to your own by clicking here now.
The relevant video segment can be found between 2:10 and 5:16.