InvestorsHub Logo
Followers 8
Posts 166
Boards Moderated 0
Alias Born 07/21/2009

Re: None

Sunday, 02/10/2019 11:49:23 PM

Sunday, February 10, 2019 11:49:23 PM

Post# of 163969
Rotman furniture sales $38MM - been trying to get my head around how realistic this stated number is. Had some initial skepticism (although big, only one store) until I broke it down. Their website shows hours 10-9 all days except Sunday 10-6. That’s 74 hours per week. Over a 52 week year that’s average hourly sales of $9,875. Sure they may close on certain holidays, but extended holiday hours could help offset this, would still probably stay under $10,000 per hour. Considering the average furniture purchase is in the several thousand dollar range, you’re only talking about 4-5 paying customers per hour. Large corporate accounts would drive this number down as well. Passes the sniff test for me.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent VYST News