My thoughts are that starting a specialty brand is hard to get moving and make good money from the start. You are going to cut some deals to get things moving etc.
I do see that Revenue is down some. My opinion is that some non-performing stores got closed. My reasoning is based on the reduction in fixed assets. That could be 1-2 store closures. That's what any good business man would do. Without more information on this, it is hard to say.
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