STLY...I bought some back at $1.00 today. I'd add if it heads lower. Did some furniture company have bad news today?
Anyway, I dont expect all that much for the next two quarters..for the past eight years they have been their two seasonally weakest quarters. Nevertheless, STLY does appear to be in the midst of a turnaround, so I am looking for ome decent comps. We shall see if they can solve their supply issues, which have been holding back their revenue numbers for a while now.
From their last earnings release:
“We continue to see the signs of an inflection point in the recovery of our business with another quarter of sequential improvements in sales, gross profits and income,” stated Glenn Prillaman, President and Chief Executive Officer.
