Beendare
WKR
- Joined
- May 6, 2014
- Location
- Corripe cervisiam
I do know the dollar has lost about 7% of its value in the last year or so…..Yeah sorry about the confusion. Yep, understand it’s what’s cutting into it. Didn’t know if you had any insight into the exchange issue, or if anything more was stated in the report. Like mentioned it could be an issue across the board.
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I did skim their conf call but my takeaway is that everything related to input costs is more expensive, shipping is more expensive and they aren’t selling as many of their flagship high priced shoes…they are discounting more.
It looks to me like we are in a slow grind down economy wise and it could take many years. If anyone sees a diamond in the rough that will buck that trend…I’m all ears.