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Nike beats Wall Street estimates for quarterly revenue with $12.43B, aided by discounts on athletic apparel. Lululemon's North America growth stagnates, issuing weak guidance with Q4 revenue of $3.21B. Nike's EPS of $0.77 surpasses estimates, while Lululemon reports EPS of $5.29, both beating expectations.

















$NKE (-6.3% pre) Nike Stock Falls Despite Earnings Beat as Retailer Issues Weak Sales Guidance https://t.co/gCII4iS8Ct
#Stocks making the biggest moves premarket: Reddit, Nike, FedEx and more $RDDT $NKE $FDX https://t.co/NerrDG5ITf
$LULU (-13.3% pre) Lululemon warns of slowing North America sales as spending falters - Reuters https://t.co/w2CEPQKdwE