"If you want a true value proposition you need to make sure the company is growing revenues per store rather than losing them. "
Did you even read the article? Here's one data point Mark provided for you, if you actually take the time to scroll up the page: "The company has completed 54 store remodels and those completed locations have shown a 12% weighted average sales lift. "
Same store sales ARE increasing year over year. It's not exactly buried information, bud. Let me make it easy for you, at the end of the first full paragraph of their most recent earnings release:
Gross margin was 28.0%, an increase of approximately 10 basis points compared to the year ago period, and identical store sales increased 2.2%.
I guess I'd be intrigued by your argument if you actually had any facts, but you're clearly dead wrong on the one numbers-based assertion you bothered to make.
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"If you want a true value proposition you need to make sure the company is growing revenues per store rather than losing them. "
Jun 17 13:29 pm
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All Comments by Rohan »Winn-Dixie Stores Remains Cheaply Valued [View article]
Did you even read the article? Here's one data point Mark provided for you, if you actually take the time to scroll up the page:
"The company has completed 54 store remodels and those completed locations have shown a 12% weighted average sales lift. "
Same store sales ARE increasing year over year. It's not exactly buried information, bud. Let me make it easy for you, at the end of the first full paragraph of their most recent earnings release:
Gross margin was 28.0%, an increase of approximately 10 basis points compared to the year ago period, and identical store sales increased 2.2%.
I guess I'd be intrigued by your argument if you actually had any facts, but you're clearly dead wrong on the one numbers-based assertion you bothered to make.