RE:RE:Bad QuarterJMOttawa wrote: I didn't think it was a bad as that. They are not alone in the retail industry with challenges at the moment, and sales are still strong. The margins will improve, and share price will follow. Just requires some patience..!!
The inventory build is not good and right in time for a slowdown in spending. The buildup will have to be unwound and that will put pressure on margins if they have to discount. Every quarter seems to be something wrong. This is been happening for years now. I continue to hold but the only reason is the hope of a sale at a good price.