Lululemon’s performance in the U.S. dragged down the yoga maker’s results in the latest quarter, leading to what CEO Calvin McDonald calls a slower start to the year. Several internal factors hit Lululemon’s results, including a missed opportunity in women’s and bags, which the company’s actively addressing, McDonald says. Operating in a choppy U.S. consumer environment didn’t help, McDonald says. When looking at women’s, the company should have stopped focusing as much in leggings. These comments come as competitors Alo Yoga and Vuori focus on wide-leg bottoms that come with pockets. Shares rise 11% to $341.52 after hours.