Sales per square foot: $1,800
(No. 8 on RetailSails fastest growing list)
Revenue/net income (millions): $875 /$165
Gross margin: 57.6%
2011 stock price change: 36.3%
Another relative newcomer to retailing, Lululemon Athletica (NASDAQ: LULU) is a yoga-inspired athletic apparel company, which shared its first retail space with a yoga studio. The firm was founded in 1998 in the Canadian city of Vancouver. Revenue has soared recently, and doubled between the firm’s fiscal 2009 and fiscal 2011 years. Lululemon recently raised guidance for fourth-quarter sales and earnings.The retailer only has over 150 stores and has opened several a month for the past year, so it is likely to be able to continue to grow.
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