about flat in February, when most of the national retailers were hurt by significant bad weather, and rebounded to about 9% in March.
inventory turnover continues to improve. On the trailing five quarter basis, our inventory turnover has climbed to 2.6 times versus 2.5 times last year at this time. At the end of March, inventory was much fresher and more current than at the same time last year.
The average age of our store inventory has decreased to 4.7 months from about 4.9 months last year at this time.
expect to keep the momentum going.
Gross margin increased, sg&a decreased.
inventory up 8.6% to $223.4 million from $205.8 million a year ago. Additional inventory is in place to support our favorable current and expected future sales trends.
There's actually more upside here. (As compared to Michaels)
Except some nice savings when the west coast DC opens and more when more do later on.
If this falls to $12, I will have to dip my toes back in.
This came out after the close yesterday. Hard to believe advance knowledge of this caused the move up yesterday.
Id love to see us break thru $23.11 soon. Then could easily get a move to $26-27 in short order.
As for a buyout, I don't think the family would stand in the way of an eventual buyout at a fair price.
That's probably $30+. But, I have no knowledge or speculation of any such talks.
RCKY can & should go much higher without a merger or buyout.
I don't keep up with who might be interested in buying them or the cost savings but if any such company is flush with cash or a lofty share price, paying a premium for RCKY could well be a win-win.
In a legal sense, "actual malice" has nothing to do with ill will or disliking someone and wishing him harm. Rather, courts have defined "actual malice" in the defamation context as publishing a statement while either
• knowing that it is false; or
• acting with reckless disregard for the statement's truth or falsity.
It should be noted that the actual malice standard focuses on the defendant's actual state of mind at the time of publication. Unlike the negligence standard discussed later in this section, the actual malice standard is not measured by what a reasonable person would have published or investigated prior to publication. Instead, the plaintiff must produce clear and convincing evidence that the defendant actually knew the information was false or entertained serious doubts as to the truth of his publication. In making this determination, a court will look for evidence of the defendant's state of mind at the time of publication and will likely examine the steps he took in researching, editing, and fact checking his work. It is generally not sufficient, however, for a plaintiff to merely show that the defendant didn't like her, failed to contact her for comment, knew she had denied the information, relied on a single biased source, or failed to correct the statement after publication.
Not surprisingly, this is a very difficult standard for a plaintiff to establish. Indeed, in only a handful of cases over the last decades have plaintiffs been successful in establishing the requisite actual malice to prove defamation.
Remember that someone expressing a negative opinion about you is not the same as making a false and defamatory statement..
To me, its real simple, I speak the TRUTH, scammers and their legal representation don't like the truth.
But the TRUTH remains no matter who doesn't like it.
Where does Mark Roy Anderson reside ? Who took over for Anderson ?
Who was an employee of both Anderson and Calvert (also known as Denny-Boy) ?
And another thing, Since BLGO and their ambulance chaser are apparently suing me, who gets first dibs on whatever assets I might have ?
Im guessing my desktop might have a fair market value of maybe $200.
Who gets it ? BLGO or their ambulance chaser ? Is there a conflict of interest in there somewhere ?
Oh, wait, BLGO is going to change the world. Like they did with medwireless .
What happened to medwireless ? SAME THING that happened to Nuway Medical. Past fabrications coming come to roost.
13 years, Dozens of materially misleading press releases. MILLIONS of real Loses.
In felon mark roy andersons name they pray.
All a fund manager had to do was buy heavily and when it breaks thru $23.11, it goes to $26.-27 if not more.
We don't need a buyout for these valuations.
$1.85x 17= $31.45.
Im not a technical guy but when I look at RCKYs chart, I see very little overhead resistance for a 3-4 points anyway.
Have to assume the insider window has been open and NONE sold since earnings. That's bullish.
HHN Extends Tender Offer for Shares of JPS Industries, Inc. Until May 15, 2015, Due to Continuing Discussions with the CompanyThe Previously Announced Discussions Between the Company and Handy & Harman Regarding a Potential Negotiated Transaction are still Ongoing and this Extension is Intended to Facilitate those Discussions.
Looks like the one guy raised his estimates to $1.58 and $1.88 up from $1.56 and $1.85 when I posted a few weeks ago.
Hard to see this stock not going to $28+ if they meet those estimates.
Well, why not ACT rather than just talk about it ?
Your threats don't intimidate me. If you have a problem with the ripoff report, I suggest you contact them.
You represent a company that has been defrauding people for 13 years as per their SEC filings.
In my book, that makes you as shady as the firm you represent.
This puts Browning/Calvert in the position to have to SHOW CAUSE why the entire case shoudnt be thrown out.
Hopefully the judge will toss it and attach a civil penalty for wasting the courts time.
If not, I guess I will have to figure out how to file a motion or something.
Order to show cause re: dismissal scheduled for 05/15/2015 at 09:30:00 am in c15 at central justice center.
Their 5 new guys wouldn't hurt. But I don't see the need to go hostile & spend heavily when PBY seems willing to listen and accept some new blood.
But willing to wait.
I know, I know, I could have sold at $8 like wetnash who has since doubled his money 37 times but still comes here just to display his mental illness.
This stock should be $23.25 and we should be talking about a 2-3 pop. But its not.
Why not ?
No huge deal. It will help a little.
The stock could pop if they name a good CEO.
Otherwise, its going to take some time to fix this company and eventually sell it.