Nike Beats Estimates But Faces China Sales Slowdown; Lululemon Guidance Spooks Investors Despite Strong Quarter

Nike reported better than expected Q3 results, but still faces economic challenges in major regions like China where youth unemployment is impacting sales
Lululemon's Q4 revenue matched estimates but its guidance for Q1 disappointed, sending the stock price down sharply in after hours trading
Lululemon has a history of conservative guidance and then beating expectations, so some skepticism about the weak forecast
As a highly valued stock, even small Lululemon disappointments can lead to large stock drops
Key Lululemon questions include outlook for growth in China, North American stores/products like men's, footwear expansion