Yep, becoming nothing more then a gimmick. Another cheap beer house. The culture has changed in the stores with their happy hour menu and stupid lunch specials. No way can margin increase. CEO needs to go back to selling guitars.
i fear a revenue beat but big miss on eps. could see this down to 15 by end of year. spending is up on cabinets and i fear microsoft 360 is going to be scaled down.
I'm thinking revenue from MS won't be factored into next earnings. Short term run up. Puts are in position for next earnings call.
agreed. they have poor PR efforts and don't spend anything on marketing or attend IR road shows.
They did well for guidance IMO. I think that kept it from going down on poor EPS. MRR is very healthy and there are additional revenue steams from MS that has not been accounted for. We also have a large over hang from Global Tigers sell off. Need some institional buying here to really get any lift. I'm looking forward to Q1 to take off as they capitalize on higher margins from self built - improve the bottom line!
Utilization is down because of increase in capacity. MRR is the meat and potato. That has been steadily increasing. But YES, we need to hear what they say - there's always one or two excuses in these calls.
sure, quality is down. but that is true across all denims. this was probably calculated in the china/mexico transition. i would be on a watch out of the vintage collection - a bigger push into this year. better quality jeans.
wow, monthly recurring revenue really went up this quarter. however, the MNS practice has been declining the last few quarters while hosting has sky rocketed. if we hear josh mention about inter-connectivity issue due to upgrades, i'm a seller.
Anybody with guesses? I say they come out with great numbers. They guided conservatively because of the anticipated inter-connectivity issues due to expansions and upgrades. However, we could hear some debt issues.
Conference is in March right? Probably talk about decrease in ATB students and about the letter of credit for the 175 million that have to pay back. It's all bad news.
Original estimates for Else was 8 million for 2012 according to MC's deck....and that was based on 150 stores in Q2, 300 stores in Q3, and 350 - 450 stores in Q4. They did only 6 million and the store count didn't grow in Q4.
By the time I arrived, all the juice was gone. I didn't even realize what the fridge was for until I read the article. A lot of the vintage reserve jeans was on display and it seems like the real push for this year. JD had a some accessories on display (bags, etc.) which he designs himself.
Got back from Vegas last week. A very elaborate booth, more so then I've ever seen it. Foot traffic was decent, not great. Met JD and he's a bit weird. Great article with some pictures on racked site. Check it out. - Google words - "racked la joe jeans"