After Rod left TBAC the company quickly liquidated. Was this to hide results from the SEC?
Were losses hidden that should have been reported in earlier periods?
Investors beware. results and conference calls mean nothing.
Watch the excess inventory that is not written off.
Actually, his division did better than expected. I assume you did not listen to the conference call. Sorry you did not get the answer for which you were hoping.
"Soffe while still in a negative sales composition for the first quarter has shown considerable improvement. We projected revenues to be down in the December quarter but we're pleased that revenue exceeded our expectation. Gross margins improved significantly over the prior year and we expect sequential margin improvement as the year progresses. We're pleased to be back in Kohl's stores for spring and hope to build back more business with Kohl's in the upcoming season.
As we mentioned before we foresee positive feedback from retailers and focused groups on our new spring 2014 line and are encouraged by retailer forecast for increased Soffe business. However, we are tampering our excitement until we see actual sell-through during this quarter. Having said that we believe Soffe will produce positive operating profits in the upcoming quarters and in fiscal 2014 in the [indiscernible]."
AAII has over 50 different screens that it follows. The Piotroski: High F-Score screen has the highest YTD, 3, 5, 10 year, and inception performance results. I have just noticed that Delta Apparel is only one of five companies that qualify currently qualify under this screen. That must be a good sign.
Oh I get it. Rod McGeachy from Tandy. Don't worry, if he doesn't perform he will be out quickly. This board and management doesn't fool around.
What in the word does that message mean???? Do you know anything about the company or are you mistakenly on the wrong board???