5 Reasons Investors Should Buy Lululemon's Post-Earnings Dip

lululemon athletica's (NASDAQ: LULU) stock recently tumbled after the company released its third-quarter earnings report. The sell-off was surprising since the athletic apparel maker beat analysts' estimates on the top and bottom lines.

Lululemon's revenue rose 23% annually to $916 million, beating estimates by $19 million and marking its second straight quarter of accelerating sales growth. Its earnings rose 28% to $0.96 per share and cleared expectations by three cents.

Those headline numbers look solid, so let's discuss five reasons investors should consider buying Lululemon after its post-earnings dip.

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Source Fool.com