The company is showing stable business improvement and there's a higher probability the stock will shoot higher in the near-term.
More Quotes from Richard Hastings:
Management has been defending the brand. If we look at the last six years, it's become clear that they have made no progress.Richard Hastings
Management is concerned about return on invested capital and return on shareholder equity and that's the focus. Everything else takes a backseat to that.
Richard Hastings
This remains one of the most interesting major retailing case studies in the past 20 years.
Richard Hastings
We're at an extremely dangerous situation where home heating bills could be shockingly high this winter, ... This is very bad news especially in the northeast part of the country, where the population represents a pretty big chunk of national retail sales.
Richard Hastings
As long as people can find the right merchandise, have a job and borrow a little bit, they are going to go shopping. Overall, the holiday season was good. Retailers who had it all nailed down were the winners.
Richard Hastings
Our recent visits to some stores indicate better controls over displays, clutter, and shelf appearance, necessary steps to stabilize store aesthetics in support of their apparel initiatives.
Richard Hastings
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