They have suffered declining revenues and profits for years. Losses, if fact. They have 2 businesses - a dying "imaging" (non-digital photography) business and Fuller Brush.
Hard to see Fuller Brush as the next big growth industry.
1) They have slashed costs. S G + A was 8 million last quarter compared to around 9 MM in comparable Q last year 2) Shift to digital is actually helping them- they are moving into the void left by others moving from traditional film market. 3) earnings- simple. $.18 this quarter- the cost cutting trend + continued sales growth should mean $.18 is a conservative quarterly number going forward
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