LXRandCo Inc GGBBF

Consumer Cyclical

LXRandCo, Inc. is an omni-channel retailer of pre-owned handbags and personal accessories. The Company is engaged in providing consumers with branded luxury products, namely Hermes, Chanel, Louis Vuitton, Gucci, Prada, Ferragamo, Miu Miu, Cartier, Dior, and Chloe, among other brands. The Company provides consumers with branded luxury products by promoting their reuse and by providing an environmentally responsible way for consumers to purchase luxury products. It sells directly to consumers through its Website at www.lxrco.com and indirectly by powering the e-commerce and other platforms of key channel partners. Its omni-channel model is also supported by retail 'shop-in-shop' experience centers and by wholesale activities with select retail partners across North America. The Company's retail operations include approximately eight stores in Canada.

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LXRandCo Inc

Bullboard Posts

Comment by JohnnyBlazzwaon Aug 03, 2018 1:25pm

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Post# 28411340

RE:RE:RE:Titanic!!!

wreaks of a$$. My take is this is a classic example of a growth play becoming a value play.Previous Growth expectations were thrown out the window with them exiting Europe and with it the multiple which growth plays garner. They did just raise 14 mil at 5.25 mere months ago so the optimist in me would believe its a good risk reward at these levels but i'm an idiot. If they can squeeze even an ounce of profitability out of NA this can recover fast. probably not going to move until 2Q is out. the silence from them with recent performance is not comforting though

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