12:25 PM EST - Lululemon Athletica Inc : said its third-quarter profit rose about 51%, and the yogawear retailer forecast a stronger fourth quarter. Net revenue for the quarter increased 31% to $230.2 million from $175.8 million in the third quarter of fiscal 2010. Comparable stores sales for the third quarter increased by 16% on a constant-dollar basis. Lululemon Athletica Inc.
shares T.LLL are trading down $4.98 at $45.77.