Investors Who Wrote Off Lululemon Were Wrong as Shares Jump on Strong Revenue Growth. Is It Too Late to Buy the Stock?

The apparel brand continues to look strong.Shares of Lululemon Athletica (LULU -1.60%) jumped following strong fiscal first-quarter results, but the stock has still had a difficult year, down over 30% year to date. Let's dive into the company's Q1 results, look at why the stock has struggled, and assess whether now is a good time to buy the stock.Sales and margins remain strongFor its fiscal first quarter, Lululemon saw its revenue rise 10%, or 11% on constant currencies, to $2.2 billion. Women's sales rose ...