Respect Your Universe Inc (RYU)

[HenryHamburger]

Balls didn't but I liked this article. From it was a quote made by an analyst with DA Davidson. Doesn't sound like he was paid for it.

From the Portland Business Journal:
http://www.bizjournals.com/portland/print-edition/2011/10/14/ryu-bringsfighting-style-to-portland.html
RYU brings fighting style to Portland

“I can see a similar business model fitting well into MMA for a few reasons,” said Andrew
Burns, a Lake Oswego-based analyst with D.A. Davidson who follows Lululemon. “One thing
Lulu did exceptionally well is look at yoga as an activity and design specific apparel for that, but
also look at yoga as more of a lifestyle. What kind of pants do they wear in class, but also after
class.”
In the last six fiscal years Lululemon’s sales have grown tremendously, rising from $40.7 million
in 2007 to nearly $712 million in 2010 — a compound annual growth rate of 61 percent.
Martens is hopeful RYU can tread a similar path.
The company’s five-year plan, he said, could put RYU in a similar place to where Lululemon and
another upstart athletic apparel brand, Under Armour Inc., were in that stage of their
existence.
“They were in a range of $150 million to $200 million,” Martens said. “Our (outlook) is a little
more conservative. But we think there’s opportunity.”

When company gets rocking I'll get a real kick out of the fact that McBalls and Joel will be known as the guys that poo-pooed this deal everyday from the beginning without hesitation or pause based on lazy analysis. -henry