Yes, comp store sales declined....but overall Revenues grew !!! and Earnings grew !!! EPS grew !! -- that is what investors pay for, FUTURE CASH FLOWS... as long as LULU is adding STOREs, adding new Geograhies, new Concepts, new Distribution (Internet)... this will continue to be GREAT GROWTH COMPANY.
You are too fixated on the PAST and Comp Store Sales, which matters to low/no growth retailers like the GAP and SEARS.