This company has a lot of potential, not to mention being a possible buy out candidate. This business is on the upswing. I'm in at 8/share. GLTL!
Sentiment: Strong Buy
So...BDE said they'd release / discuss preliminary results on 2/11 (today). Then, they issue a press release with no preliminary Ebitda, Ebit, Net Income, EPS, or cash flow...and sales / gross margins both missed analyst expectations, and sales / gross margin guidance for next year is below analyst expectations?
Who's running IR over there? No cash number either??? BDE couldn't even log into their bank account and provide investors with the balance? That's kind of a key number given they ended last quarter with only $4m of cash vs. $46.1m of debt (roughly 33x debt / trailing EBITDA).
"We Don't Have to Access the Capital Markets." That's reassuring!...since you have a collection of well known brands and a $300m market value...you know, the type of things that real companies have, not those that whiff on numbers, are severely capital constrained, and provide extremely limited disclosure.
Massively disappointing, IMO
Weather in the western states that are BD's biggest market has sucked, so say the least.
Other than that, it is going to take some time for the new clothing line to take hold. The market is over saturated as it is.
gotta believe that the early snow storms throughout the country (not just in ski land) will encourage retailers to purchase more inventory...after a number of sub-optimal winters, it looks like this one is starting off pretty sweetly
Been adding to my position in the 14-14.5 range. It's become pretty sizable. Hard not to be nervous with nothing supporting the stock price but hope. Invested in the company hoping for a LULU -like niche and valuation. I hope it's happening for real.
In any case, I'm pretty optimistic about earnings, assuming the apparel line is being well received. We have had a couple of crummy reports. I don't think it'll take much to keep us on an upward trajectory. I think a genuine opportunity is here to make a lot of $$$. I'll keep buying every time the chart says so. Pray for snow!