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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
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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.
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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
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