This post was a comment on the Q1 of 2015 earnings - May 2015. This makes 2 consecutive quarters of weak results. Others are commenting on the last quarter results in March, 2015. The thing is both quarters were similarly bad and another 1-2 weak quarters will prove my points that this company is in need of some new ideas.
Net income down 22%. The good news is that the stock only sold off about 3.5% today. But the sub-par earnings may cause the stock to be weak for another few trading days or weeks. Who knows? IMO the earnings report supports my belief that this company needs some new blood at the senior management level. International sales down 10%, apparently partly due to exchange rates. Again I question why such a small company has stores in 3 oversea countries and thus has to fight foreign currency issues. I guess it gives upper management an excuse to travel the globe on the company dollar. Let's just hope we'll get a dividend this year because I doubt we'll see $11 a share.