Contrary to the rumor spreading that has True Religion missing first-quarter guidance, we believe it will be at the high end of plan or slightly above.
In our opinion, the simple analysis of the downward revision is the watch business stinks, it's not going to get better for a long time, and investors should stay on the sidelines until we see signs of a turnaround.
Short-term traders are disappointed after they'd hoped for a large upward revision.
The only negative was that revenue came in a little light.
There's concern they're nearing the end of their growth curve. Investors tend to shoot first and ask questions later.
They've made a lot of important and not easy steps in closing some divisions. But I think there might be more fat to trim.
We're looking at a $2.1B-revenue company now, whereas two years ago it was a $1.3 billion company.
While we applaud the difficult decision to reduce the workforce in order to enhance shareholder value, yesterday's restructuring announcement leads us to suspect headwinds may be stronger than previously indicated.
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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.