So...BDE said they'd release / discuss preliminary results on 2/11 (today). Then, they issue a press release with no preliminary Ebitda, Ebit, Net Income, EPS, or cash flow...and sales / gross margins both missed analyst expectations, and sales / gross margin guidance for next year is below analyst expectations?
Who's running IR over there? No cash number either??? BDE couldn't even log into their bank account and provide investors with the balance? That's kind of a key number given they ended last quarter with only $4m of cash vs. $46.1m of debt (roughly 33x debt / trailing EBITDA).
"We Don't Have to Access the Capital Markets." That's reassuring!...since you have a collection of well known brands and a $300m market value...you know, the type of things that real companies have, not those that whiff on numbers, are severely capital constrained, and provide extremely limited disclosure.