Nnejad Posted April 2, 2014 Share Posted April 2, 2014 Anyone else follow this? http://reitmans.mediaroom.com/index.php?s=8530&item=137195 The good news is the $180mm of cash and $70mm of EBITDA. The bad news is just about everything else. Link to comment Share on other sites More sharing options...
Guest 50centdollars Posted April 3, 2014 Share Posted April 3, 2014 The reults were bad. Only reason they had positive EPS for the year is because of there investment income of $27.8 million. Inventroy was up 17% and sales were down 10%. On a per square foot basis, inventory was up 22%, not good. One good thing was the fact that management has identified $6 million in cost savings, hgher than their estimate of $ 3 miilion. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now