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Coastal Contacts Inc COA



NDAQ:COA - Post by User

Comment by FncialHrmitCrabon Mar 17, 2010 11:43am
217 Views
Post# 16892905

RE: RE: please somebody be critical...

RE: RE: please somebody be critical...I agree with you sjw - there seems to be a full out dog fight amongst the online players right now.  The result is that today's results are not surprising - rapidly increasing sales, particularly in eyeglasses (up 180% year over) with steady but not growing profit levels.  The key is when these companies are able to consolidate to the point where they can turn on the profit taps with their huge loyal customer base (ie. sell a pair of glasses for ... -gasp-... $60 dollars).  Once they can do that - watch out. 

These guys (and, to be fair, when I say that I refer generally to all online purveyors) are changing the way people shop for glasses.   I truly believe that huge profit (or a takeover) will come for coastal.
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