They report earnings tomorrow before the open. Expect to see $0.45 for the quarter. They have already reported that same store sales were up 2% and revenue up 13% from last year at this time.
Store traffice was good this past weekend. They should earn $.70 for Q4.
Within the next few months, expect them to announce details about their fourth concept and an aggressive share repurchase program.
One of the best values in retail stocks out there. Don't forget that their customer base is the younger crowd who exercise little or no restraint when it comes to buying clothes.
Disclaimer: Investing involves risk. You should be willing to potentially lose some or all of your investment. I am not recommending that you buy this stock. Your situation, objectives and risk tolerance should be considered before purchasing any stock highlighted on this blog.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment