LOL...we're arguing about how great Ralph is as the stock sits near a 52 week low...maybe even a two year low..... that tells the story.....
It's not that far above the all time company low...... Way to go Ralph, keep being a Sales Person and not a leader!!
The company products and execution sell themselves. Ralph has nothing to sell right now...look at it head to a new 52 week low.
Why wasn't the CFO leaving the company put in a press release??? This is material information that shareholders had a right to know!!
Can you say class action lawsuit.
You obviously don't know what you're talking about (no offense). I don't even want to own a company's stock where a CEO's primary job is to be a sales man??? That is ridiculous. A CEO should be a leader, put a vision and plan together, hire the right sales people to execute the plan and continue on, expanding the vision.
The hasty departure--firing?--of the cfo is incredible. it's a real blow because the logical assumption is that he refused to compromise his integrity and sign off on the q report. Did he question the value of an asset, the categorization of an expense?
His departure throws into question the integrity of the books. That's as good a reason as any to avoid buying a stock, and a pretty good reason to sell it.
The report isn't great but good enough at the stock price level. The key is why would anyone that held through the last 3 months sell on this report. I think the current price reflects the expectation of even lower brand growth and margins. The trend is slightly positve and we are heading into the warmer months.