RE:RE:Reopening play?SG&A is very bloated.. there has to be some levers to pull to bring that in line with expectations. I think Institutional investors are waiting until there is a better line of sight into how the company plans to control/cut costs.. excuses only go so far (COVID, supply chains, inflation) - it's time for management to take matters into their own hands
Yes. Second generation is running the operation and given that family sit on the board of directors, and the multiple vote share structure, there is no real accountability. They brought in an external President, but he must have stepped on some toes and was quickly ushered out of the organization. It's all been downhill since then.