Kohl's Corporation KSS 14.98B Bed Bath & Beyond Inc. BBBY 14.83B The Charles Schwab Corporation SCHW 14.80B Waste Management, Inc. WM 14.33B Activision Blizzard, Inc. ATVI 14.05B Adobe Systems Incorporated ADBE 14.01B The Kroger Co. KR 13.42B ARM Holdings plc (ADR) ARMH 13.42B AutoZone, Inc. AZO 13.24B Macy's, Inc. M 12.92B The Hershey Company HSY 12.65B Whole Foods Market, Inc. WFM 11.96B Xerox Corporation XRX 11.12B Campbell Soup Company CPB 10.68B Alcoa Inc. AA 10.61B
AMZN is worth many times GRPN. So what's your point?
Remember GRPN does not have warehouses, shipping, inventory and any other hassles. All they have to do is marketing/sales to 120+ million growing subscriber base and provide excellent customer service. They also seem to have good merchant pipeline with long waits!
At over a billion plus revenues and growing with a model that has decent margins, how long it takes for GRPN to justify its valuation provided it can SUSTAIN the current model.
If GRPN is successful, it could be valued more .. if not, this will be down. Make your bet ... For the next few months, IMO this stock is headed higher. See how well this stock did in a DOWN market today!
There is no point in comparing this stock to Kohls or Macys. GRPN is sort of opposite of brick and mortar stores. GRPN in fact was born at a time many brick and mortar stores like Macys were questioned to go into bankruptcy in 2008 market crash!