RE:RE:Return of the dividend I don't see a women's clothing brick and mortar retailer as a growth company. In fact I think the worst thing that could happen is for management to get into the mindset that they are all about growth. They should target improving operations, growing at the rate of the economy, and returning money to shareholders. If you want growth buy an AI company. Managements history doesn't really say they have the chops for breakneck growth. They were reborn because all prior sins were wiped away in CCAA. Their first step should not be to find the nearest high money brothel. Dividends, buybacks, and an uplisting are the right path with prudent reinvesting in the business for things like store refreshes, and maybe very carefully selected locations for a handful of new doors.
Do you really think this management team can outperform the 25% rate of return on share buybacks for a company with a PE of 4 or less? If so I'm selling bridges at a great price!