Jim Cramer says Costco is a buy, Lululemon is a wait-and-see

Key Facts

• CNBC’s Jim Cramer on Friday advised investors how to approach the stocks of two retailers that reported earnings this week.
• That’s the tale of Lululemon and Costco.
• The athletic apparel company reported a beat on third-quarter sales and profit on Thursday after the close, but issued a softer-than-expected guidance for the fourth quarter.
• The company missed Wall Street expectations on its top and bottom lines for its latest quarter after the close on Thursday, but indicated in its earnings call that a special dividend and membership fee increase are likely coming.

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