Jim Cramer: Who Is Right on Lululemon?
Lululemon has been improving its practices and it is paying off in terms of performance despite what the company's founder Chip Wilson has been publicly saying, says Jim Cramer.
Lululemon (LULU) - Get Report has been improving its practices and it is paying off in terms of performance despite what the company's founder Chip Wilson has been publicly saying, says TheStreet's Jim Cramer. Cramer challenged Wilson's data, saying it was old, and he also said Wilson was being unfairly harsh on the company's directors even though he has two allies on the board. Cramer said Lululemon's last quarter was impressive, raising the bar for competitors like Nike (NKE) - Get Report and Under Armour (UA) - Get Report .
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
