Sub-headline from Yahoo News reads: "Retail SSS Down 4%; Wholesale SSS Down 2%; International SSS Down 20%". TLF's August sales were down but the company said that most of the decline was due to a later than normal Labor Day sale. If so, that should lead to a better than normal September sales report. We'll see. That international sales were down 20% is something I have been expecting. I have been questioning the logic of such a small company having 3 overseas locations, one in the UK, Spain, and Australia.
If I were on the board of directors I would ask the company to send me to each international location every year so I could "inspect" the stores. Yeah, a free trip and a little sightseeing on the company dime. That's a little sarcasm as sending the BOD would be waste of funds. But I wonder how many executives go overseas for "site inspections"? Oh well, it's just my humble opinion and maybe I'll be proven wrong about those 3 store locations. Time will tell.