Wednesday, February 17, 2016 11:42:12 AM
I think that there's a story to be told as regards the "smallish" growth in the quarter's sales over the same quarter last year when we had been seeing larger increases previously - the most benign explanation, which would fit with the improved gross margin percentage, is that they're selling relatively more of the high-margin goods and de-emphasizing the smaller-margin products.
As you frequently have written, I also do think that there will be "good times ahead."
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