TSXV:POI.H - Post by User
Comment by
ruben12345on Dec 08, 2015 10:51am
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Post# 24364878
RE:RE:SLYCE INC. CONTRACTS WITH FORTUNE 500 RETAILER NORDSTROM
RE:RE:SLYCE INC. CONTRACTS WITH FORTUNE 500 RETAILER NORDSTROMHagenvT wrote: Very good deal ... Nordstrom's market cap: 10.378 billion $ today.
Source: Bloomberg - https://www.bloomberg.com/quote/JWN:US
Revenue forecast for fiscal year 2015: 13.5 billion $
Source: https://www.nasdaq.com/symbol/jwn/revenue-eps
Nordstrom had bad results last quarter because "
Department stores aren’t drawing the same foot traffic." Source: https://www.bloomberg.com/news/articles/2015-11-12/nordstrom-shares-plunge-after-profit-misses-analysts-estimates
So this contract with slyce is obviously meant to make customers buy without entering the department stores personally. That they choose Slyce is a sign, that Slyce's technology is convincing to them.
Very good deal.
Very good deal ..-6%