Expo Holdings Inc. (EXPH)

[Basser1]

Lowes sells hundreds if not thousands of these cabinets across the country every day. They have over 1700 stores. The fact that EXPH has been given a 20,000 piece order over an indeterminate amount of time implies that this is nothing more than a “trial” sample for Lowes. Lowes will test interest before they bring on bigger orders.

Patch I just wanted to clarify that this 20,000 piece order is NOT FOR CABINETS OF ANY TYPE. This order is for flooring displays which are a piece of plywood with the various types of flooring glued to them and some type of hinge on one side so that they can be turned by customers to show the various types of flooring available almost like reading a book.

As far as the ETC cabinets that EXPO *launched* these can not be found in any retailer anywhere in the country. Now when it comes to the higher end CIMA products I see those as an extremely limited regional demand item. I just don't see them as being able to compete nationwide with some of the huge cabinetry companies that already supply Home Depot, Lowes, Mennards and some of the other DIY superstores.
JMHO
Basser