Just started doing some DD on STLY.
Running across a fair amount of unhappy customers. Anyone else notice this?
yes.....some bad management decisions over the past two years.....
Running across them where?
Google - Stanley furniture reviews.
Some are old but some are fairly recent. It is a small sample, but a lot of negatives.
The company missed the housing recovery since 2009 and they are still $25 mil from break even, burning $10 mil in cash a year.
Something good needs to start happening pretty soon. Unfortunately it will not be this quarter.
STLY is a dog....do yourself a favor and move on to something else. Inept Management and good ol boy network won't implement the necessary changes to increase shareholder value.
Sentiment: Strong Sell