Lululemon (NASDAQ: LULU) may finally be able to put the days of the sheer pants fiasco behind it. For the eighth straight quarter, the athleticwear company posted better-than-expected earnings, enough to raise its expected full year earnings and revenue forecasts, Reuters reported. The company raised expected earnings to $1.86-$1.91 per share and bumped revenue to $2.0-$2.05 billion. "They are giving relatively conservative guidance, likely so they can beat it again," Dorothy Lakner of Topeka Capital Markets said, according to Reuters. "It's still early in the year, so there is no reason to raise the bar too high." Recently, Lululemon has began expanding their athleticwear to encompass not just clothes strictly for working out, but for general causalwear, as well. This includes more aggressively marketing their menswear options. For more business and financial news, click here.