Last years quarter this company made 8 million bucks this quarter a year later it posted 9 million and over all for the same period .20 last years quarter .23 this year and revenue 120.6 million(2013) this quarter a year later 121.6.So we are seeing a slow but steady improvement. If you look at the graph of this stock it has been dropping over guidance look athe drop from 26+ (guidance)back athe end of the year. But lets say this company does the projected low .69 for the year that means the first quarter is subtracted from .69 leaving .46 and approximately that will means 3 quarters we average ..15 cents (without bad weather.) . so if weather hurt sales this quarter we get .23 and the next three will not have bad weather and will average .15 something isn't right. My question issimply this if we are projecting 3 more quarters of.15 with good weather and we just made .23 with bad weather. And opening new stores makes it mopre complicated. IT seems the range is too low
To account for the decreased guidance, they warned about increased costs of their computer system and probably extra $ to be paid for Thompson, Morgan leaving. But you gotta point, if these are one time charges.