Expo Holdings Inc. (EXPH)

[initowinit]

I would have to disagree, it I'd quite possible for managers and department manager to know the pricing. Corporate accounting SOP would dictate that even though they my be purchased or even mandated by the corporate office, it would still get charged back to the individual stores as all stores do. You will even find alot of times there is a corporate charge divided out to all stores each month to pay the salaries and expenses of thier corporate overlords. There is not just a big huge corporate fund for all stores expenses, they charge it back to the indiviual stores at some point and the store managers and controller are responsible for thier own costs and staying within budgets as well as maintaining profitablity. Which is how they get an accurate snap shot of where to close a store or open a new one in a certain area (to a certain degree). So yes the store manger, department heads, and most definatly the controller would see the cost of these displays in thier in store budget meetings usually done weekly to monthly. Now does this equate to the guy restocking the shelves knowing what the price of them are, no, but I wouldn't rule it out. The department heads (lower management) are the ones in the trenches with thier subordinates, they get to know them and since they are on the lower side of management I have found alot of times they divulge information to thier subordinates during conversation because it makes them sound (or feel) a little more important, at least in the eyes of thier subordinates. Sorry to ramble on but your just plain wrong in your statement that they have no idea what the price of the displays are. GLTY