Even been in a Dick’s Sporting Goods? I haven’t. Their 483 stores (including 85 Golf Galaxy and 14 Chick’s) in 41 states are mostly in the eastern part of the country. But I have visited Joe’s a few times, and I suspect they are similar to Dick’s.
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Let’s ignore the numbers for a bit and start with how Hot Topic Describes itself. They give equal billing to brick and mortar and internet retailing. That’s pretty forward looking. Guess they’ve decided how they expect the market to evolve. Read more here.
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Zumiez’s Quarter Ended November 1st is boring - but that’s good. When it comes to public filings, the last thing you want is for your company’s filings to be filed with interesting stuff that somebody like me can have a great time dissecting. I’m afraid that I’ll have almost no fun at all reviewing this filing. Oh well.
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You probably recall I wrote at some length about the letter from former Orange 21 CEO Mark Simo to the Orange board of directors requesting/recommending strongly talks between Orange and No Fear, of which Mr. Simo is the CEO and 37% shareholder, about a merger between the two. Orange said, “No thanks.” Read more here.
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If you have a specific question about your business’s finances, or just a general question about the economy (besides the obvious “When’s it going to get better?”), you’ve come to the right place.
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I’ve had a number of emails asking me what I thought about Quiksilver. Some of them have been along the lines of, “Should I buy the stock?” or “What’s it worth? If I knew with any degree of certainty whether or not to buy Quik stock, or any other stock, I’d be rich, rich, rich. As far as what it’s worth goes, it’s worth what it’s trading for right now. This minute. No idea if it will be worth more or less tomorrow.
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There has, I gather, been some discussions/speculation about the circumstances under which a publicly traded company can be delisted from a stock exchange. I don’t claim to be an expert in this. It’s different for each exchange and I guess not set in stone. But as there seems to be some interest, I thought I’d lay out what I found out about the process for the NASDAQ market.
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Every time I look at somebody’s (pretty much anybody’s) September 30th quarterly report, I see the beginnings of the recession, and worry about what these things will look like when we see the ones for the December 31st quarter. I know everybody else is worrying about that as well. Worrying doesn’t really help. All you can do is run your business well and that seems to be what Columbia is doing.
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I wrote about the quarter’s results when they came out with their press release. I’m not going to repeat that analysis, you can go back and read it if you want. I said I would follow up when I had the more detailed actual filing. Now that I have it, there are some points I want to highlight.
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I imagined you noticed recently that the retailer, No Fear, proposed a merger to the board of directors of Orange 21 (Spy Optics). Orange announced November 5th that they were not considering it. We’ll see what, if anything happens next. But in the meantime, I think it’s instructive to review a little of the history and relationships that exist between Orange 21 and No Fear. And there may be a lesson for companies battling to manage through the recession.
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