Everyone wants to find the next Chipotle, or Crocs, two recent IPO success stories. Well, i may have found the next one. A Canadian based yoga apparel company is slated to IPO in Toronto and on the Nasdaq any day now. Name = lululemon athletica. Click here to visit their web site. Net sales in most recent fiscal year grew 77% versus the prior year. Same store sales were a positive 30% of that increase. They have 47 stores in Canada, 12 in the US, two in Japan, and one in Australia. The IPO will bring in > $20mm, of which they will plow into additional stores. This one will be fun to watch. Hopefully Cramer keeps it to himself and doesn't alert the masses!
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