Joe's Jeans (JOEZ): Q1 EPS of $0.03 beats by $0.01. Revenue of $29.4M (+13% Y/Y) misses by...


Joe's Jeans (JOEZ): Q1 EPS of $0.03 beats by $0.01. Revenue of $29.4M (+13% Y/Y) misses by $2.25M. Shares -0.5% AH. (PR)
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Comments (2)
  • TwistTie
    , contributor
    Comments (2429) | Send Message
     
    Shares down another $0.12 at this point.

     

    It looks like Mr. Market guessed wrong on this one.

     

    I might have to listen to a replay of the EC.
    15 Apr 2013, 05:04 PM Reply Like
  • Garment Expert
    , contributor
    Comments (3) | Send Message
     
    With a miss on the revenue of this magnitude....management knew this at least two months ago....based upon budgeted orders not shipped. As a result of this, management had a fiduciary responsibility to inform the market. I am quite sure that "friends of the company' got this information and acted accordingly. In the garment business the orders for the quarter are shipped well before the accounting quarter!
    16 Apr 2013, 03:01 AM Reply Like
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