RE:The good news?Maxmoe wrote: Typically a new ceo cleans house. Writes off everything they can. Fresh start. I didn't see any babies in the bath water nor any kitchen sinks chucked out to the curb. So a good sign? Or is that yet to come? I'm counting on the new ceo being up to speed already and concluded there was no need for big writeoffs. We'll see.
Update. Small powder room sink in the house cleaning. The old talk down the forecast/expectations to set a low bar that's easier to beat trick. Hence "wait til next quarter" because it's easier to exceed reduced expectations. Still, it's an improvement. No calls for the return of the ceo! This is no Gildan or Open AI Sam Altman scenario. We are better off with the new ceo. Period. Let's see how he does. Was someone expecting a 5 year $Billion sales contract right out of the gate? The discovery of a secret desk drawer full of cash for a massive buyback? Cmon.