RE:My two cents Nice commentary.
I will add a few more regarding the risks. Covid lockdowns and store closures creating a pent up demand for their goods which we are seeing in the financials today. Is this type of free cash flow generation sustainable going forward?
The company is cheap no matter which way you look at it, price to book, price to sales, price to cash flow etc. However, in a slowing economy, where consumers cut back, it could change everything in a heartbeat.
Overall, I think it's a strong buy as the current price justifies the risks.
just my 2 cents!