Hi everybody, or nobody I am a potential investor and have been looking at KCP. I own Abercrombie and Fitch and Best Buy in the retail area. I was wondering what the fall from Jan. to now was for. I haven't seen much news but haven't been following that much. Thanks for any help. Hodge
Aside from general negative economic news, negative news from other shoe companies(i.e. Nike) and KCP's previous high valuation, I have not seen any negative news specifically related to KCP's business. I personally purchased the stock at $32.50 and like its longer term prospects.
Given today's quarterly results, I have to agree with you. Long term is good. Trailing PE of about 18 with likely growth to be better than that. Shoe on
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |