GO META, ISH right there with them.$3,950,000 in 50 days - 18
$3,000,000 in 43 days - 8 locations .....sales per day (on average) = $8720.93
$950,000 in 7 days - 17 locations (Lethbridge store didn't open until Dec 3) ....Avg sales per day = $7539.68
Annual sales for 18 locations = $7539.68 * 365 days* 18 locations
= 49,535,697
With margins at 30% the earnings should place the stock at a P/S multiple of about 2.5 - 3
$49,535,697 * 2.5 = $123,389,244 / 225,757,354 (Fully DIluted) = $.0.55
This is a current valuation and is based around an average of sale per day at 18 locations during a supply shortage of product. The numbers look really good and they will only go up from here as every new store opens and supply increases.
ISH will have to build more locations to generate the revenue, but the earnings will be better with their low capex strategy.
Retail is going to take off soon, stay long, stay strong.