Pursuits
Lululemon Soars as Yogawear Maker Boosts Annual Forecast
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Lululemon Athletica Inc., the yogawear maker that recently ended a dispute with its founder, jumped the most in more than three years after boosting its annual forecast on quarterly profit that topped estimates.
The shares advanced 14 percent to $43.73 in New York for the biggest gain since December 2010, after Lululemon raised its forecast for the year by a penny to $1.72 to $1.77 a share.