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Recommendations: 0
...from Barron's Annual Report Service. It's free too! Go to http://www.icbinc.com/cgi-bin/barrons.pl. Look under U for United Retail Group.
I ordered it and it came pretty quickly. This was when the stock was very exciting, headed upward. It has since peaked and is headed downward.
URGI seems like a decent company. I know people who shop there and have been in there myself. The stores are usually not packed. However, it seems (agreeing with a previous post) that Americans are becoming larger and larger, so the customer base here is growing, so to speak. I do think that their main competition, Lane Bryant, is superior. Unfortunately, they are owned by the Limited and haven't been spun out.
The financials looked decent, but the net profit margin was a bit too slim for me. I'm keeping an eye on this stock.
I talked to one of the clerks and she said that the company is pursuing a slow growth strategy, which seems very Lynch-like to me. However, I don't think they have completely found their stride yet. They need better marketing, in my opinion. Lane Bryant has done a good job at this, with their "Real Woman" campaign.
LuigiLuigi
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