We just dont know. Benzinga article yesterday was contrary, saying M&A chatter for sale of TRLG has died down, then THIS......... imagine if you could control these things and manipulate the price !! BWHAA.
Still, I think sales will be down for this latest quarter....what think you all ??
The guidance is usually very conservative, so I think they beat again this quarter. I think we will see earnings around 59 to 60 cents a share or the share price will suffer. The shares took a dive Friday because of the Coach earings and guidance. You would think we hear about offers on the table soon. Dont beleive that no one is buying expensive jeans and the company is a has been, there will be suitors interested if we are taking offers. Watch those revenue numbers and be surprised.