In the video below, Fool analysts Jeremy Bowman and Isaac Pino take a look at the biggest opportunities ahead for fast-growing retailer lululemon athletica (NASDAQ:LULU).

Lululemon is a company a lot of people are excited about, and that means both customers and investors, Jeremy says. In the past quarter alone, it expanded its store count from 189 to 201. At the same time, same-store sales increased 18%.

Started in Canada, lululemon has probably just about reached saturation in that country. But it still has plenty of room for growth in the U.S., Jeremy says. He envisions 500 U.S. stores, plus stores in Europe and Asia.

Another big opportunity for growth lies in the expansion of its brands. It recently opened a new line of clothing for girls ages 5 to 12. It's a clever addition, since lululemon already has a lot of mothers of young girls as customers, Jeremy says.

The company has also been growing its online sales quickly, offering even greater growth potential.

Isaac Pino and Jeremy Bowman have no position in any stocks mentioned. The Motley Fool recommends lululemon athletica. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.