Thanks for the reply (activity on this board - quick the smelling salts!) They seem to be explaining the flat earnings by the opening of 5 stores in 6 months. That is a healthy clip and I would assume that is fairly costly. Margins were improved and same store comps were very strong which I always thought was the golden measurement for retail.
Moving into AZ is perfect. When Dicks finishes digesting Gaylens and Olberz decides its time to sell, SPCH will be the perfect west coast presence for them . . . at a premium of course.