FLASH - EARNINGS UPDATE AfterMarket 4/16

Posted 2007-04-16 22:33
by Karl Denninger

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Says they are expecting a "significantly greater" yearly net loss.
Reported an annual sales drop of 24%.
These guys are, as I'm sure you know, a high-end discretionary consumer
products retailer.
You've probably been in their stores.
This is a big fat warning flag of flagging consumer spending on "toys".
More as I learn it.

JB Hunt Transport (Trucking)

1Q Profit Down 9.8% on higher interest expenses.
Also noted softer freight volumes (there we go guys - leading economic indicator!)

Those are the only real "stunners" for now... more as I see 'em.

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