September 11, 2008 / 1:44 PM / 10 years ago

Lululemon sees strong third-quarter

(Figures in U.S. dollars)

OTTAWA, Sept 11 (Reuters) - Lululemon Athletica Inc LLL.TO (LULU.O) forecast strong third-quarter profit on Thursday and said it plans to open more new stores selling its yoga-gear than last year.

The company forecast third-quarter diluted earnings between 11 cents and 13 cents a share, compared with a profit of 11 cents in the year-ago period.

It told analysts on a conference call that it sees sales growth at stores open at least one year in the mid to high single digits on a constant dollar basis. It also plans to open 15 new stores in North America in the quarter. ($1=$1.07 Canadian) (Reporting by Susan Taylor; Editing by Scott Anderson)

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