the Board of Directors must really like the job he is doing. Why else would they extend his (CEO Chris Pappas) employment contract an additional year, as well as bestow a $225,000 cash bonus on him?
apparently, the little coffee company that advertised during the super bowl ( it won the right from entering in a intuit contest), buys its beans form JVA..I am sure the ad will provide them a surge of new orders.
the ceo can't turn an offer down. it is up to the board of directors to decide
We are finally getting our earnings!
the reason they went from a store level profit to a loss, was due to a 50 basis point increase in SG&A costs, $700,000 rise in interest expense ( a 50% increase) and a 40% increase in depreciation expense, to $7 million
capital items are now factored into earnings-they are depreciated. Land purchases are also not. let me analyze the income statement better, and I'll come up with an answer
just think how ridiculous it will be when it falls under $10 million of market cap-at the rate it is dropping, we could be there in a few days
you can still sell. The shares are now south of $3. why not get out before they fall below $2?
Gross profit margin up 700 basis points, SG&A expenses down 300 bp's. Company earned $1.50 on the year equating to multiple of just 5.