I believe LULU can triple their sales base to -- $3.0B -- based on 1/2 the penetration rate of Canada.
The US stores are comping way ahead of Canada (which I agree has limited growth now, except for Ivivva). US comp store sales last quarter were 30% !!!! in a lousy economy. So I do believe, US Store productivity will catch up to Canada.
The store count in the US will easily hit 250+ (every AAA mall in AMERICA will have one).
I Agree. I think a lot of the shorties on this board are underestimating lulu growth potential. There writing it off as if it's another crocs, gmcr or nflx. Athletic apparel is strong segment, especially heading into the new year, can you say new years resolution to lose weight. look at Nike for guidance.... Got go buy more calls before the close ;)