RE:Q4 fiscal 2023 vs Q4 fiscal 2022Excellent disaggregation analyses exposing the real fundamentals.
RET is in a far more favorable economic environment that is ATZ which is over 50% USA market.
A 2.7% boost in population which is very tightly correlated with consumption is quite unusual and its effects on consumption of apparel and clothing accessories has yet to be fully integrated into the 2023 ecomomic outlook, which, as it is, calls modest GDP growth in 2023.
Book value is $5.35 per share of which $2.12 per share is cash and no debt.....