GBA Presents: THE BARE ESSENTIALS

Discussion in 'Stocks' started by stonedinvestor, Mar 9, 2022.

  1. vanzandt

    vanzandt

    Lol, yeah it is.

    I've written this here at ET a few times before, but one of the smartest men I ever knew was a few weeks out from dying of cancer and I asked him what his best advice would be for not just me, but things in general going forward. His answer: "Learn to speak Chinese and invest in water." This was at least 9 years ago.
     
    #271     Mar 17, 2022
  2. Van if you wouldn't mind traveling to some of the old age homes near you we could start a

    LAST PICK... segment: Dying people's last stock idea....
     
    #272     Mar 17, 2022
  3. Dec 28 2020 seems like a long time ago doesn't it?

    Leidos traded EXACTLY here then-!

    $102.50 LDOS <-------- Chart looks good.... but... terrible stock.
     
    #273     Mar 17, 2022
  4. WATCH-

    Syros Pharmaceuticals, Inc. (SYRS)- Yesterday's find: $20 PT on a $1 stk.
    1.1400+0.0400 (+3.64%)
    As of 09:44AM EDT. Market open.
     
    #274     Mar 17, 2022
  5. Zwaen

    Zwaen

    Unfortunately you can only thanks once
     
    #275     Mar 17, 2022
    Centuria100 and vanzandt like this.
  6. Watch-

    Extreme Networks, Inc. (EXTR)
    11.57+0.15 (+1.31%)
    As of 09:34AM EDT.
     
    #276     Mar 17, 2022


  7. #1 For a reason.
     
    #277     Mar 17, 2022
  8. VAN! I have the freakin' gym SCVL is down a Buck! - IS THIS OUR SHOO STOCK!!!

    I THINK SO LOOK AT THE NIKE STATION<------

    [​IMG]

    Shoe Carnival CEO Mark Worden is gearing up for another strong year in 2022 after the footwear retailer reported its best results ever in both the fourth quarter and fiscal 2021 on Wednesday.

    In the fourth quarter of 2021, Shoe Carnival saw net sales grow 23.4% to $313.4 million, setting a new quarterly record. Net income in the quarter also reached a record high at $20.6 million compared to $7.4 million in the same period last year.

    As for the full fiscal year of 2021, Shoe Carnival saw net sales grow 36.2% to $1.33 billion, the highest annual net sales in the company’s 43-year history, with full year net income coming in at a record $154.9 million, up from $16.0 million in fiscal 2020.

    Much of the company’s success in the fourth quarter was due to a strong holiday season and the on-boarding of Shoe Station, which Shoe Carnival purchased in December for $67 million.

    Looking at Shoe Station, Worden said its integration into the business is ahead of schedule. “Our original plan was to complete the back-office integration by late 2022 and then begin rapid store growth in the 2023, 2024 horizon,” Worden told FN on a call on Wednesday. “I’m very pleased to share that the teams did an amazing job, and the back-office integration is complete 6 months ahead of our expectations.”

    [​IMG]
    A Nike shop at Shoe Carnival. - Credit: Courtesy of Shoe Carnival
    Courtesy of Shoe Carnival

    Now, the company is focused on shifting resources to store growth mode and building advanced CRM capabilities for the new banner. “We are seeing encouraging opportunities to grow our new banner with complementary consumer demographics and real estate locations to the Shoe Carnival banner,” Worden added. “The real estate and analyst teams are deep into our CRM data and finding many promising markets to expand into.”

    With both banner stores productive and generating strong cash flow, Worden said the company is moving ahead on its opening plan. For 2022, Shoe Carnival aims to add over 10 stores to the fleet and then accelerate to 20 stores annually beginning in 2023, through a combination of organic growth and acquisitions.

    According to Worden, much of the store growth will be focused on the Shoe Station banner across the regions it has strategic strongholds in like Alabama, Mississippi, Georgia, Florida, and Louisiana.

    As for Shoe Carnival, the retailer is focusing on modernizing its existing fleet of stores by the end of fiscal 2024. As of the end of fiscal 2021, approximately 20% of the fleet remodels were complete, with over 100 more in process. The company expects approximately 50% of the fleet to be completed by the end of this year.

    “Our athletic shop-in-shops with the top five brands our customers love is a compelling traffic driver and a competitive differentiator in this design,” said Worden. “With net sales and gross margins overperforming expectations, we are again accelerating capital investments for this program.”

    Looking ahead, Worden is bullish on 2022. “As we come off the heels of our best year ever in 2021, we are poised to deliver another 4% to 7% growth this year,” Worden told FN. “And we expect to be able to have our earnings per share and our gross margins multiple times higher than they were pre-pandemic. For us, that positions us incredibly well to be going after that rapid growth accelerator we’re talking about. And do it in a way that’s profitable and enhancing value.”

    [​IMG]
     
    #278     Mar 17, 2022
  9. vanzandt

    vanzandt

    lol
    Hey I sent ya an email.
     
    #279     Mar 17, 2022
  10. Van or Stoney, you think MULN will take out $2.50 by tomorrow? Every attack by the Sellers gets absorbed $2.1-$2.15 range. Call buying on options expiring makes no sense, paying .20-.30 on a $2.50 strike.
     
    #280     Mar 17, 2022