Experts & Pundits Speak On Lululemon Athletica inc. Earnings

Lululemon Athletica Inc.'s (NASDAQ: LULU) second quarter earnings report from this morning included better than expected earnings.

The athletic apparel company reported a 13 percent increase in revenue to $390.7 million from $344.5 million, with a quarterly net profit of $48.7 million, or $0.33 per share. As usual, analysts and experts have sounded off about the news on Twitter.

Some were optimistic:

Has $LULU finally bottomed? If so, let's hope the bottom isn't translucent! $LULU up 12.5% #premarket as earnings and sales beat. Namaste.

— Paul R. La Monica (@LaMonicaBuzz) September 11, 2014

a little better is good enough $LULU

— Stacey Widlitz (@StaceyRetail) September 11, 2014

Others seemed cautious:

Approach @Lululemon shares with caution this AM, much not to like in this report $LULU

— Brian Sozzi (@BrianSozzi) September 11, 2014

Brian, $LULU looks like its overbought, for now - get bullish again lower @HedgeyeRetail

— Keith McCullough (@KeithMcCullough) July 25, 2014

$LULU on the move today b/c $NKE or $UA are gonging to pull a $BKW - #stopthemadness

— Howard Penney (@HedgeyeHWP) August 26, 2014

And a few were simply observant:

$LULU that perfect combination of low expectations, declining short interest, extremely bullish options OI positioning since last beat down

— Joe Kunkle (@OptionsHawk) September 11, 2014