RE:RE:RE:q2
knicksman wrote: Seriously? lol
I don't know how this moves tomorrow...but down 30% isn't a possibility.
We're not seriously thinking that growth is bad now because it requires working capital...especially when everybody complained how this company couldn't stop shrinking (and repaying debt).
These guys killed it. Is it all sustainable. Maybe not. But mostly.
The results were very good. Gross profit dollars and margins are trending up. The working capital will sort itself out and is not surprising given the upward pressure on inflation in Q2. Accounts receivable is up slightly from Q2 last year but revenue growth has improved significantly y/y.