Sears Holdings: If Eddie Lampert Is Buying More, Shouldn't We? [View article]
One point I'd like to add:
Those are the projections "if current sales trends continue." I'm inclined to believe the outlook is conservative given Lampert's knowledge of how the Street works. I can't see him putting himself in a position to further revise estimates downward.
I tend to agree with you: Sears is turning around but the housing downturn is obscuring the company's successes. Cutting the costs now will put Sears in a fine long term position for growth.
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One point I'd like to add:
Jul 11 08:32 am
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All Comments by jbs »Sears Holdings: If Eddie Lampert Is Buying More, Shouldn't We? [View article]
Those are the projections "if current sales trends continue." I'm inclined to believe the outlook is conservative given Lampert's knowledge of how the Street works. I can't see him putting himself in a position to further revise estimates downward.
I tend to agree with you: Sears is turning around but the housing downturn is obscuring the company's successes. Cutting the costs now will put Sears in a fine long term position for growth.