lululemon athletica Inc. LULU, designs and retails athletic clothing for women, men, and female youth. lululemon outperformed the industry in a year’s time owing to a robust surprise trend driven by the progress on its strategy for 2020 with stringent focus on digital and international growth. Company put out a great Q4 earnings report, with increased 2019 guidance. Fourth-quarter fiscal 2018 marked the eighth consecutive earnings beat and 13th straight positive sales surprise. Results reflected a solid holiday season backed by positive response to merchandise assortments along with continued investments to drive business growth.
Ralph Lauren Corporation RL, is engaged in designing, marketing, and distributing men's, women's and children's apparel, accessories and more. Ralph Lauren surpassed the industry in the past three months backed by a robust surprise history and upbeat outlook. Third-quarter fiscal 2019 marked the company’s 16th straight earnings beat driven by solid execution of key initiatives. Moreover, sales topped estimates for the fourth consecutive quarter backed by double-digit top-line growth in Asia and Europe, as well as sequential gains in North America. Expansion of digital platforms is a key aspect of Ralph Lauren’s growth strategy.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?
From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 – 2017, they soared far above the market's +126.3%, reaching +181.9%.
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