Replies to post #78860 on Savvy Trades and Investments

[wadegarret]

BGFV, here is the bottom line tomorrow IMO

If they use 26% S,G, & A as a % of revenues in Dec qtr guidance, then they could guide for a $.50 Dec qtr. However if they don't, it could be substantially less. How much less depends on how far from the Dec 19 S,G,&A % to revenues of 30.7% the Dec qtr 2020 will be. I have no idea, but again, everything hinges on how long they can keep S,G,& A % to revenues lower than the historic 30%-31%. My guess is, S,G, & A % to revenues for the Sept & Dec qtrs 2020 will be closer to the 26% June qtr than the 30.7% Dec 19 qtr, and that could continue well into 2021. That IMO is the primary scenario that would get BGFV over $10.

[littlefish]

BGFV- Interesting to see this article about gun sales (and toilet paper lol). https://www.yahoo.com/news/americans-worried-election-day-violence-100710046.html

[nelson1234]

BGFV thx for your analysis