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Golfbum

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Golfbum

Re: Golfbum post# 140270

Thursday, 04/16/2015 7:54:22 PM

Thursday, April 16, 2015 7:54:22 PM

Post# of 151823
What happened to their plan to reduce inventory from Q4 levels?

Listening to their recorded call now.

Edit: They couldn't unload their stuff onto the OEMs even at reduced prices and neither could their distis. They're "on track" to reduce inventory by end of Q2. Ha!! More likely a BIG writedown to make room for the whizzo new Carizzo.

More details in upcoming Financial Analyst day in May...aka May Day... (couldn't resist!)

cash down, debt up.

gb
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