Analyst Meeting April 11th
That was a Q4 run rate number... for the Canadian stores ( I think $450 on this years $1.3B in Revenues will be more likely ).
The mature Canadian store base has always been much more productive... where the brand has been around for 10+ years.
As the US Store base matures, they will move towards the Cdn averages. Sense the strong SSS they are reporting in the US.
The Cdn revenues are also declining as a % of the mix, so going forward the Cdn $ movement will become much less relevent.
20% store growth -- is a great starting point to grow Revenues and EPS.
GLTA