Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 3
not really
blast from the past though - another 10 to 15m with kirklands

at first
BS has 80m in cash and no debt
cap is only 160m
CFFO past 3 years was 130.2m,or 43.4m with 45.1 ly

that's the good news
Bad news is CapEx was 96m or 32m or 28.4m last year
and some of the cffo is working capital changes (not sustainable)
and comps are falling along with margins in the stores (E-comm is up, but who bloody cares?)
and e-comm continues to grow but is break-even (E-comm is GREAT for customers, sucks for biz; most biz other than flea-bag amzn which doesn't have to make a profit on their transactions) to declining
and they keep opening stores with lots of closures

so....

another cheap looking
based on cffo
where they spend spend spend

I was in a store the other day - the concept has always been flaky
hard to get interested

good news is the CEO is gone

maybe they can find some stupid British retailer to buy them out...
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.