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Almost every girl that I know owns a purse made by this company (it’s a very popular product right now). The company has outstanding fundamentals and is trading at a reasonable valuation. Considering that the company is still in its early growth stage, I think this stock will perform well over the next few years.
If they already have one, perhaps their best days are behind them... what makes people want to buy another purse or have multiples? Just sayin...
They have different patterns for every season.............that's what will keep them buying.
I remember Lululemon (LULU) back in 2009. At that time a lot of girls were wearing the athletic apparel made by the company. Today the product is even more popular and the company is still doing very well. Maybe that’s why the stock price is up 600% in 3 short years.
I believe that VRA is a similar type of investment. The company's products will remain popular for a very long time.