It will be this quarter no doubt, cash will increase, debt should decrease I cannot see Pendergast not taking out some more of the revolving credit, seems his way, he took $5 million of the $8.5 million tax refund to pay off a 1/3 of it, one would think he will pay as much as possible while putting the rest to cash build up.
Well as far as I can tell we are down to 308 legacy items which I count as items from prior to Fall 2018, took forever to search some, some easier due to models used, type of photo taken and style. One thing that makes me shake my head, is these body jewelry pieces brought in in late late 2017 they are ugly, have them in 7 different styles, I guess the buyer loved them?
Going through them 1 by 1 I found that most of the clearance stuff has one or two sizes left maybe 50% of it, most in the XSS or L sizes
The road trip across US continues for the Francesca's influencer gals, they are at the Lollapalooza at Grant Park in Chicago, IL for the four day event.