You're welcome and thank you for your data points. Several anons here brought up some good data and analysis. It will be interesting watching what direction the CEO here takes this firm, but I expect the economy to be booming in many and most sectors (not all) so revenue/sales are likely to rise.
What this CEO may have done with the locations issue is flood the market with lots of b-&-m to get the name out there and ubiquitous then start whittling away at the less profitable (or, in cases like California, more prone to theft) ones. I've seen firms do this. For the buying public who like shopping on location, they'll then travel to a nearby town if the store in their area closes. I don't know enough about the infrastructure costs of this firm to speak on it, but if he bought the space vs rent he may have made some money on building/commercial sales in the interim, but expects that to taper off or go negative.
I don't currently trade in investments, but never did get devoted enough to wade into the options trading. I've known people who have done it quite successfully, but you really need to spend a lot of time watching the company, the sector, the market and the world, frankly. You seem to be paying close attention to this firm (as one should) and seem to be levelheaded in weighing the developments. Best of luck with this and your other financial endeavors.
You're welcome and thank you for your data points. Several anons here brought up some good data and analysis. It will be interesting watching what direction the CEO here takes this firm, but I expect the economy to be booming in many and most sectors (not all) so revenue/sales are likely to rise.
What this CEO may have done with the locations issue is flood the market with lots of b-&-m to get the name out there and ubiquitous then start whittling away at the less profitable (or, in cases like California, more prone to theft) ones. I've seen firms do this. For the buying public who like shopping on location, they'll then travel to a nearby town if the store in their area closes. I don't know enough about the infrastructure costs of this firm to speak on it, but if he bought the space vs rent he may have made some money on building/commercial sales in the interim, but expects that to taper off or go negative.
I don't currently trade in investments, but never did get devoted enough to wade into the options trading. I've known people who have done it quite successfully, but you really need to spend a lot of time watching the company, the sector, the market and the world, frankly. You seem to be paying close attention to this firm (as one should) and seem to be levelheaded in weighing the developments. Best of luck with this and your other financial endeavors.