"a combination of factors that could lead to stock comeback?"
Agreed, only change the word "could" to "will" and "?" to "!" - shares are undervalued and will come back over the next 6 to 9 months as we enter the holiday sales season and the company returns to strong profitability.
- newly initiated dividend = 3.5% at current share price
- $250 million share buyback still in place through August 10, 2013 - look for management to announce extension of it shortly