LuLu soars

Dec 9

Lululemon Athletica Inc <LLL.TO> <LULU.O>, a Canadian yoga-wear retailer that has caught the eye of U.S. television host Oprah Winfrey, nearly doubled in the third quarter.

The company said it sees more growth ahead.

Lululemon's shares soared as much as 20 percent after the release of the results Thursday afternoon. On Nasdaq, the stock was up 17.50 percent, or $9.75, at C$65.45. It was a top net gainer on both markets.

The company, whose $98 relaxed-fit pants were featured on Winfrey's annual "Favorite Things" program last month, has seen its shares rocket nearly 110 percent this year.