Lululemon Stock Sours As VC, COO Jump Ship [View article]
Actually Gary, once the fourth quarter numbers come you, I am sure you will be amazed. You obviously know very little of the store if you think it is Yoga clothes. THey are Yoga inspired, and its the big rage right now! I know for a fact that two or three of there stores made 4 times the profit this xmas and have not been able to keep product in for very long. And women look amazing in their outfits! Even guys have some cool clothes. No, this one is here to stay, and they are targetting the wealthier women , so a slowdown in spending will not affect them as much. Meers hasn't sold, as he knows this stock will start to move once their numbers keep getting bigger. THink about it! 20 more stores, 4 times the sales....
I think Greenberg has good intentions and points, however, I think he doesnt realize the potential of this stock. Canadian consumers are already huge into buying this stuff. And the Asian markets will love it, as thats the reason the name was picked as Lululemon, with all the L's in the name, it is recognized as a North American product and NA products do well in Asia. Also, they havent even touched Europe yet, so this one has a lot of growth potential!!
Good luck!! Cant wait till April's 4th quarter results!!
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Actually Gary, once the fourth quarter numbers come you, I am sure you will be amazed. You obviously know very little of the store if you think it is Yoga clothes. THey are Yoga inspired, and its the big rage right now! I know for a fact that two or three of there stores made 4 times the profit this xmas and have not been able to keep product in for very long. And women look amazing in their outfits! Even guys have some cool clothes. No, this one is here to stay, and they are targetting the wealthier women , so a slowdown in spending will not affect them as much. Meers hasn't sold, as he knows this stock will start to move once their numbers keep getting bigger. THink about it! 20 more stores, 4 times the sales....
Feb 27 12:59 pm
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All Comments by Bohman »Lululemon Stock Sours As VC, COO Jump Ship [View article]
I think Greenberg has good intentions and points, however, I think he doesnt realize the potential of this stock. Canadian consumers are already huge into buying this stuff. And the Asian markets will love it, as thats the reason the name was picked as Lululemon, with all the L's in the name, it is recognized as a North American product and NA products do well in Asia. Also, they havent even touched Europe yet, so this one has a lot of growth potential!!
Good luck!! Cant wait till April's 4th quarter results!!