Nothing exciting in my mind. I feel there's some caution regarding sell-through with the retailers for the remainder of the year - can't say the tone was overly optimistic...luke warm at best.
I'm looking at the income statement and what's striking me is that gross profit margin is declining yoy and then net profits are essentially flat yoy as a result of the cost cutting.
I guess I was hopping to see gross profit margin a bit higher, but I suppose what we see is what happens when you cut Disney and Carters, which were likely higher margin items with more volume than the company-branded products. That trend will probably continue until the company begins selling a higher volume of their own products.
I think that for the most part, this runup in the shares is likely done for the year. I'll come back in November/December thinking that between the seasonality and weakness in the stock markets in general, shares may be on sale again.