Target cannot even keep up with web site usage demand.
Malls are toast, and the bids for mall stocks will wilt away....just like last black Friday.
What kind of business has to wait 10.75 months, then prayer for Santa Claus on "Black Friday' to break even for the entire year ? Retail patsies!
All kinds of reports of black Friday flops. The Simons should stop paying cash dividends and ploy the cash into AMAZON stock !
Gee, it won't take too many more quarters of staggering losses to plunge your book value into the negative number territory. Hedging is lipstick....on a pig!
but it isn't, because the Lebanon Tennessee management has failed to implement the Biglari plans.
Nearly 20% of this company is owned by BH. BH suggested to stop opening new marginal stores at such a high pace, and, to stop burning up cash on billboards and other advertising. If $2 gasoline didn't get this stock over $200....what will ? Guess what happens to this interstate feed trough when gasoline prices normalize at $3.50 per gallon some day ?
Economic data this morning indicates lame consumer spending,, and better yet, higher savings rate for 3 months in a row.
dolt_nacht is the worst.
So CDE prints a new multi-decade low today ?
When does this company stop giving away silver....shut down most operations....hoard cash... slash pay of the top 10 executives, and after a few quarters....start buying back the stock on the open market ?
Retail is toast, Christmas is cancelled, your entire 'merchandising' model is failing.
Welcome to the new world.... Macys......Amazon and Wal Mart keep eating your lunch!
wrist watches are toast, I told you patsies that several years ago.
The book value on this peddler is less than $18 per share....enjoy the elevator....down!