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SFGiants

07/10/08 3:26 PM

#188267 RE: WallStreetFamily #188266

WSF, we are trading at .001 with an enterprise valuation of 125 million!?!


something is wrong with that picture!
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JimsZ

07/10/08 3:33 PM

#188275 RE: WallStreetFamily #188266

They just had a "Grand Opening" of their new larger store in Canton & the highest total Grand Opening sales since was $63k. Hacketts expects to make $50k/week average (that is $2.6 mil/yr) in revenue from that "big store" in Canton!

When you take that into consideration, how can they project $36-40 million in revenues with 9 stores as that would take about 14-15 Hacketts stores at $2.6 million per year revenue to make $36-40 mil in revenue


Now, if you take even a high number for Hacketts of $3 mil per store you are still only talking $27 million in revenue for the current 9 stores!