UAA - Forget Under Armour Lululemon Is a Better Athletic Apparel Stock
Under Armour (NYSE: UA) (NYSE: UAA) was once considered "the next Nike (NYSE: NKE) ," but it lost over 70% of its market value over the past five years as it struggled to keep pace with Nike and adidas (OTC: ADDY.Y) in the athletic footwear and apparel market.
During the same period, Lululemon Athletica 's (NASDAQ: LULU) stock surged nearly 450% as the yoga and athleisure apparel retailer dazzled investors with its robust comparable store sales growth. Let's see why investors should forget about Under Armour and simply stick with Lululemon as a "best in breed" play in the athletic apparel market.
Image source: Getty Images.
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Forget Under Armour, Lululemon Is a Better Athletic Apparel Stock