I have changed my tune and accepting. My premise was H124 would be much better given lower COGS (freight and cotton), but the way retail is looking this could be swamped by negative like store sales, even cycling adverse weather.
So Blundy ends up with ~75%, you become a minority in an illiquid stock with no broker coverage. The extent of like store sales decline also suggests there may be something wrong with the brand?
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I have changed my tune and accepting. My premise was H124 would...
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