Interesting facts and extrapolations:
1. Tax rate is really low, too low
2. Growth seems solid
3. Wanted to see more of a quarterly breakdown of the income statement
4. Long-term company owned stores to grow to 450. (This could suggest a long-term revenue growth towards $1B, ~10x current revenue.)
5. Licensing revenue growing fast.
At ~$15/share, the ipo is interesting. If it doesnt jump too much, or in times of weakness, I'll be interested.