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Lululemon Athletica Inc. Message Board

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  • gregbent gregbent Mar 30, 2012 9:54 AM Flag

    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

 
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