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Posted On: 03/28/2017 11:40:02 AM
Post# of 3935
Another note: If you look on the financials, they have one less store this year due to mall construction; more stores coming this year.
The cool part is that revenues do not fully reflect this change. That is because the other store are becoming MORE profitable as traffic increases and costs are lowered.
This is responsible expansion. This is why stores are BEGGING for places like GIGL in their mall. They need consumer feet on the ground. Mall traffic is hard to come-by now with the rise of e-commerce.
I bought my shares to hold and grow, not to just flip pennies
The cool part is that revenues do not fully reflect this change. That is because the other store are becoming MORE profitable as traffic increases and costs are lowered.
This is responsible expansion. This is why stores are BEGGING for places like GIGL in their mall. They need consumer feet on the ground. Mall traffic is hard to come-by now with the rise of e-commerce.
I bought my shares to hold and grow, not to just flip pennies
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I own shares of GIGL. Comments are not recommendations to buy or sell securities.
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