** after earnings **
Lululemon Athletica Inc. (LULU, $64.16, -$5.86, -8.37%) again topped Wall Street forecasts in its fiscal first quarter, yet shares of the yoga-products company tumbled on a weaker-than-expected outlook for the current quarter. Independent analyst Brian Sozzi said he isn't surprised by the cool fiscal second-quarter view, adding Lululemon "is facing an uphill battle expanding beyond core yoga gear, entering the competitive waters dominated by Nike (NKE, $106.98, -$0.09, -0.08%) and Under Armour (UA, $98.83, -$2.52, -2.49%)."
** daily **
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