Basically I'm focusing less on units per store and looking more at the reported revenue figures. They are following, or more precisely slightly exceeding, the expectations set out in the research report. If those research reports prove accurate then they suggest a target price well above current (between $1.50 and $1.80). And as pointed out above, they are only factoring in Walmart.
So until a quarterly comes out which looks like revenue is falling short of the research reports expectations, I'm not going to start worrying. Or until someone can provide a convincing debunking of the research reports assumption.
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