Excellent earnings today. What does it show? It shows that when customers want a specific item, they pay for it. Anybody can buy a cup of coffee for $1 at the corner store, yet those who like the special attention around their coffee and the fancy name.
Don't you hink the sae applies to the UGG boots? Clearly the style is very relevant, But the sae people who buy their SPECIFIC cup of coffee day in and day out are going to buy a bearclaw or some other inferior competitor over the UGG BRAND?
Shorts re NUTS! Take a look at Tepur-Pedic. Also fell off a cliff in the last 18 months. Company beats, stock goingbonkers. Had huge short position as well. All these uys are gettin roasted an toasted.They are greedy.