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Pep Boys - Manny, Moe & Jack Message Board

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  • hageneriksson hageneriksson Dec 3, 2012 5:12 PM Flag

    thats why they backed out of the buyout deal

    of course sales trends are still underwhelming but obviously you overlooked extraordinary items adding up to $20 mln this quarter - so underlying profitability even at this poor revenue level is huge (around $0.27 this quarter) which is way ahead of analyst estimates.

    So they will have to do some more work to right the ship and selling the stock might make some sense here but there's no chance for bankruptcy. I guess they will have no problems to reach the 100. anniversary in 2021.

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