An Opportunity To Buy The Dip: Lululemon Athletica Shares Get Slapped After The Company Beats On Earnings And Revenue - Lululemon Athletica (NASDAQ:LULU)

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An Opportunity To Buy The Dip: Lululemon Athletica Shares Get Slapped After The Company Beats On Earnings And Revenue - Lululemon Athletica (NASDAQ:LULU)

Stock Gets Slapped After A Double Beat Shares of Lululemon Athletica, Inc. (NASDAQ: LULU) closed down15.8% on Friday, after the company beat on both top and bottom lines after the close yesterday. The company's earnings per share of $5.29 beat by $0.26, and its revenue of $3.21 billion beat by $10 million. Ostensibly, the stock was down because the company released weaker-than-expected guidance for the year, but one of the top retail analysts I …