3 Reasons Why Lululemon Has the Edge Over Nike

lululemon athletica (NASDAQ: LULU) reported first-quarter 2021 results Thursday after the market close, crushing Wall Street revenue and earnings expectations. But despite its strong numbers, the stock has significantly lagged its colossal foe in the industry, Nike (NYSE: NKE), over the past 12 months. 

Lululemon does, however, have three major advantages over The Swoosh. Let's dive into the recent quarterly numbers and see what they are. 

Image source: Getty Images.

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Source Fool.com