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Re: benlurkn post# 1088

Saturday, 12/14/2019 9:41:13 PM

Saturday, December 14, 2019 9:41:13 PM

Post# of 1193
It shows the extra $10 mil drawn on the revolving credit and yes a loss on the balance sheet +/- for the Q.

The EPS is never "just" about how much is taken in how much is sold, would never have those ridiculous losses that come out in companies Q's etc. like last year when FRAN was "losing" 20+ mil a Q they weren't but showed that.

How about "write downs" those too show EPS +/- but really have zero to do with it. I would love if EPS was just about EPS.

But, over they years accountants have muddied up to the point it stays muddy and things they "made up" before to save Taxes/show wins when their weren't etc make Q's about as far from what EPS was as they can be.

You spent this much you made this much you are plus/minus this much for the Q. I usually only play retail every 10 years so that point did slip my mind that companies would show worse Q's than usual because of all the spending gearing up for holiday sales, cash on hand would be off and EPS would be off.

Peace out.

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