The following video is part of our "Motley Fool Conversations" series in which analyst Rex Moore discusses topics across the investing world.

lululemon athletica took a dip after releasing first-quarter earnings. Today, Rex gives us four reasons the quarter was actually a smashing success.

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Rex Moore owns shares of lululemon athletica. The Motley Fool owns shares of lululemon athletica and Under Armour. Motley Fool newsletter services recommend lululemon athletica, Nike, and Under Armour. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.