Thursday, September 08, 2011 9:43:38 PM
The other driver to help them going forward is the expense reduction in interest cost (150 basis points) that should help.
I think Q2 is seasonally stronger because of the higher margin seasonal offerings (spring-summer) like outdoor camping, yard furniture/items (like plants/landscaping/tools), etc. Not sure on how many sales days are in that Q and don't have time to look it up, that might also play a factor.
I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog
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