Lululemon Athletica (LULU) stock is sinking in extended hours trading after releasing its first quarter earnings results that came out largely in line with analyst estimates while missing second quarter revenue forecasts.
Morningstar senior equity analyst David Swartz reacts to the athleisure brand’s quarterly performance and how it is seeking out expansion opportunities in other regions beyond the US and North America.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. https://finance.yahoo.com/videos/series/market-domination-overtime/
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