Stifel analyst Jim Duffy was one of several analysts who reiterated a Buy rating on the consumer discretionary stock after earnings. Duffy says that he appreciates "the relative conservatism" in Lululemon's guidance, adding that the company has a "track record for outperformance" and several "tangible near-term drivers."

U.S. stocks ended the week Friday with a major selloff amid fears of a new round of tariffs, inflation and declining consumer sentiment.