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That is so true IMO. Unless all the current shareholders sell and a totally new breed come in, this, IMO will be the issue. This stock will not go anywhere until something positive happens that DA actually has spoken of or surprises us with some follow through.
Someone better be balancing the register every day to know how much money is being deposited. I am not asking for a P&L. Just sales from this week vs. same period last year.
Are you telling me that something is more important then knowing what your weekly sales are?
That should be the most important issue to know what is happening.
How on earth would DA know if an ad is working if not for keeping track of sales? What? The shelf is empty so we order more? Where did those go that are not on the shelf any longer? Did they sell or were they stolen?
I don't think Matt was referring to the web sites that Brav has, but that Kinney Shoes had more than one store and comparing each stores sales to the same period of a year earlier. With each individual store being in a different location or SITE.
Then please do not put words in my post that I did not use.
I do not believe I used the word angry about it, but if I did, I miss spoke. Just wish the numbers were more current.
Again! If this was my store, then I would be doing this out of concern for the Shareholders. Good or Bad, it would be posted.
Retail has it's up and downs. That is well known.
With only having one store, then it could be very easily done.
I think it can be asked of DA what is not industry standard. Go above and beyond what is standard if you feel good enough about what you are doing.
Bravada is more of a single store than a major company. It should be very easy to show that the sales from last week were a certain amount vs. the sales from the same week a year ago were.
I balance my own personal assets every Friday and can tell you + or - every Friday evening vs. the last week and the last year in the same time period.
We did it weekly for Kinney Shoe Corp and they were much bigger than Bravada is. It can be done very easily if he wanted to keep us in the loop as to sales.
No, DA does not need to do this, but I would if I really cared about what the shareholders felt.
Just do not believe that things are fine here. Fine would be profitable and growing. Not losing money and less in sales.
I would understand that with a company if they had many stores.
But this is one store, in one place. Just as a Teller at a Bank counts out, so should DA. If not daily, then at least weekly or monthly would not seem difficult at all to do. Checkbooks are balanced monthly.
YoY sales was tracked daily at a retail store that I worked at. We could then see how we rated at the end of the week. Whether we were up or down for the week. Easy to do.
What I would like is True and Follow through information from DA. Not just a lot of wind blowing.
This stock should not be hard at all to post the actual weekly sales figures. They should be compared to the sales figures for the same day last year and we should then know how the stock is doing.
DA seems to hide behind just taking his consulting fees without a care in the world for the sheep as he calls us.
What good is that. The sales numbers do not lie.
BRAV could have 230 web sites and if the numbers were down, so what with the web sites.
What I think is sad, is that DA does not even come out and let the shareholders know what is happening. If my business was losing share value as BRAV is, I would be letting my shareholders know what was happening.
Personally think that DA will milk this and collect his 40k a quarter consultation fee for as long as he can. Not to bad of a cushy position for him.
This after such a promising future at one point in time. If BRAV had stuck with the idea of their own clothing line, they might have been picked up by a major company.
We had the LULU challenge at one time. Looks like LULU has won that.
What does Danny have to do with Jenner?
Jenner is no blood relation to Kardashian.
Wow! Even Luna is back! Yeah!
Even I am glad to see you back. Hope all is well and good even voices are appreciated here.
I totally agree. No forward looking stuff as I think all of the other forward looking ones have flopped like fish on the dock.
Come on YU. The difference is 1 complaints vs 3 complaints and that makes for an F. Neither one should even be on BBB as that is a waste of their time. A total of 4 complaints and two different web pages.
Complaints are part of Retail. Handle them politely and please the customer. One Bad Apple Can Spoil the Whole Bunch.
Certainly can compare to LULU. They just went through a major recall of some of their bottoms as they had so many complaints about them being to sheer.
I would have been embarrassed to post that. BBB is showing an F and that is based on 3 complaints in the last how many years.
Only 3 is an outstanding figure in my way of thinking. With as many individual sales as BRAV has done, there are only 3 negative on BBB and it does state that a company needs to pay the BBB to become accredited.
In my retail days, I never got upset at a customer. If they had a problem, I took care of it as a retail manager would and appeased the customer. Satisfy the customer and they speak loudly.
Today with Social Media, when you upset one, it goes viral and since the business is mostly done on line, any negative hurts.
As usual! You are correct. It does say "Entire collection".
I just do not believe that it is a fire sale. Retailers do seasonal mark downs. These are not the issues I have with BRAV. It's the lack of follow through and being open.
Again! Word of mouth. I tell you about it and then you go to the site and yes, you sign up and enter the promo code.
Again! I would be more upset if he was not pumping the product. It bothers me that BRAV is pumped with nothing to show than to run a sale even if it is on line.
So have you been into the store to see if it is actually all items?
And! If they are marked up 100% to take a 30% discount, that equals 70%.
Advertising is the back bone of all retail. I would be more upset if BRAV was not advertising.
That is just not true either. BRAV did show a profit back in 2013.
Why would we believe what DA says when he has fallen flat and not come through so many other times.
Post those along with the others that are posted.
Not if the mark up is enough. Again, All Retailers Run Ads. Walk through a Mall. There are always certain items marked down and on sale.
We all know McDonalds and Budweiser and they continue to run ads. Stores put the Budweiser on sale. McDonalds lowers there cost for drinks or has Filet of Fish Fridays.
Retail stores from JCP, Macy's, Target, Walmart, Rite Aid, Walgreens, etc. all run weekly ads. Retail is about advertising.
All Retail stores have season ending sales. They even have sales during the season. I do not see this being a problem. Just a normal part of a retail business.
Some people even do their winter shopping for next year at the end of the current winter year. I know I can find a lot of marked down things that I will not wear until next winter comes along.
But the larger companies do a lot more business wise. DA is supposedly hands on. He should know on a daily basis if the sales were up or down for that day as compared to that same day last year.
That is the TREND these days.
You are the best! Thanks for the post.
That is so true "The Trend has not been broken" as the PPS continues to go lower since about March of 2013.
Why is it that a big company can have financials out early with all of there business, but Bravada has such a hard time getting theirs out even a few days early. Should be something that DA could report weekly as he has hands on. He should be able to track last years daily sales vs. this years daily sales.
The trend has been for them to be on time. Only the last filing was late but the proper document was filed for them being late. Doesn't bother me.
The statement was "Only the last filing was late" and that is not a true statement. If we are looking at trends, look as the PPS since March of 2013 and follow that trend as well. Not just hype financials being on time for only a little over 2+ yrs.
DA referred to Shareholders as Parrot's & Sheep at one time. He even threatened to sue them for their posts on this board.
YU again can tell you all about it.
Excuse me, but that was not the only time they were late. Go back an take a look and see how many times they have been late.
I am sure that YU could tell us.
What good is a Q & A when the A does not follow through with any Q?
One would think so, but would believe that we will not hear a thing until then.
I know if I had the evidence I sure would show it to you. Proof would make this go higher for sure. But just the DA, it is Rah Rah that is not based on proving anything.
Sounds about right for this company.