Yes maybe, but more importance the guidance. One only have to look at what Dress Barn lost the last 7 months last calendar year, those losses will not be there they will go from losing whatever they did per Q to making much more. Just not having those what were huge losses they give guidance that they will make even $1 per share for 2020 how would this sell for under $1 per share even adjusted for RS? That's what never took into account with FRAN they just saw oh they are closing stores losing revenues, so what. They were losing stores that lost them money, in ASNAs case they will have what 650-675 less money losing stores the last 7 months of 2020 than they did last year, ask yourself how much money will that mean they aren't losing?
Its just common sense, and I was thinking well for some maybe good to sell some post RS pre RS etc, that makes no sense either, its like money in the bank at anything under $1 a share it just is if someone thinks rational about it, I won't sell a share and if they try and run it down after RS I will load more, common sense just tells me to.
May not be what you were asking but it is the best I got to answer with, they are going to go from a huge huge huge money loser into a winner starting Jan 1st think about that. I am totally astounded that the light bulb has not gone off for anyone to rationally think about that, near 700 stores (I think was 682) that they had second half of last year losing 10's of millions per Q no more, gone.....pooof.
No brainer IMHO.
Peace out.
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