Savers SVV high labour costs Savers high labour costs hold iit down and limit it's profit margin . Plus high debt . The company is doing better in Canada but he struggles with higher labour costs in Canada . Mark Walsh promise of opening up more stores in a limited time frame will be a challenge and something the company hasn't done before . Its been heavily criticized in the media for raising prices.and like alot of thrift stores struggles with getting consistent donations new stores would be competing with existing thrift stores for donations .
Plus the fact it's a for profit thrift store not a charity and has gotten into legal issues presenting itself as a charity
The public is more aware it's a for profit organization and that is a threat to it's donations for stock.
There is also the threat of Aris putting more shares on the market further diluting it's value per sharemarknwalsh when questioned about weather Aria will dump the rest of it holding was vague and basically said it was not in his control
It's a pass for me