Reference no: EM132144608

You are a junior analyst and you have been asked to forecast sales for lululemon for 2012. At the end of 2011, lululemon operated 147 corporate stores in North America (42 in Canada and 105 in the US). Lululemon plans to open 33 new stores in 2012. the average store has 2670 square feet of retail space. In 2010 lululemon stores generated sales per square foot of $1728. In 2011, sales per sq foot rose to $2006. The growth rate of same stores is expected to slow in 2012 to half of the growth rate from 2010-2011. What will total revenues be if the new stores only generate half of the sales at existing stores?

One half of the growth rate from 2010 to 2011 will be ___% round to 3 decimal places

The forecast sales per square foot for 2012 is $___ round to nearest cent

Sales from existing stores in 2012 will be $____ round to nearest dollar

Total sales will be $____ round to nearest dollar