Its "Groundhog Day" again. Having distribution centers is pretty meaningless if they generate no sales.
My take is that Mobley could "potentially" be a great CEO in 2016 but in 2015 his record for success is unenviable.
A speculator will view this event as a nightmare.. An investor would evaluate the long term prospects and conclude that the company is solid and this short term pain will pass.
If you like the company and can afford to sit on the stock then buying at this level would appear to be prudent.
Consensus was .88
it was another excellent quarter
stock should be trading at more than $60