....made .14/share in q4 on $2.26 million in sales. I was expecting more in their seasonally strongest quarter. On a year over year revenue basis, the q4 '14 was lower than q4 '13, and eps went down sequentially. I believe like in past qtrs, eps is untaxed. So, normalized for taxes, FTDL would have made around .09/share in q4.
On the other hand, they seem very optimistic about their growth prospects going forward, along with improved margins.
hey bottomsup, remember, my post was from January 21, responding to their just released q4 2013 earnings. In that earnings pr the CEO stated the following (below), which to me seem happy about the turnaround, and optimistic going forward. Just a few weeks later, they announced a special dividend. However, the first quarter reports wasn't what I was looking for (also not really 'optimistic' like q4's) so I sold around four bucks. I got around $3.40, plus I captured the .25/share divvy, overall did fine. but I was hoping for lots more when I bought.
From '13 q4 report issued in mid January:
“...2013 was another milestone year for us. Sales momentum was strong during the fourth quarter and our merchandise as a whole performed well throughout the year. We continued to see positive results from strong product margins as well as new market penetration. Our plan is to continue to build on our momentum with growth in sales, margin improvements, and the execution of our broad promotional sales strategies and further investments in e-commerce and brand awareness. This outlook reflects the intense foundational work we've done over the last three years, which has us well-positioned to grow the company."