come on, sales is a poor asterisk to define company efficiency and profitability. Sales may even be down this year because of write downs to certain lines of bags. Certain other factors will slow sales this year such as yes, gasoline and food prices, thank you ethanol, so be careful not to hang your hat on only one piece of the puzzle.
There are always uncertainties but nothing can be more ridiculous than a 20% haircut on the markdown of 8 obsolete bags.This is not indicative of anything. The stock has fallen tremendously since the economy weakened a little. (and yes the doomsdayers are wrong..dead wrong) It will bounce back and I will be patient. Can't believe shorts didn't cover at 29 and change.