Originally Posted by
Cyclical
Somewhere closer to $2, but edging lower by the day. Let's face it, they have virtually zero income, but the outgoings are still there. The longer this event drags on for, the less relevant their seasonal stock becomes. The weaker dollar will do them no favours (but there may be a glut in the market for suppliers to offset this). A good portion of their target market is about to find themselves out of work. A large portion of their shareholders will be used to the nice regular dividends, which will disappear for a while. Will the minimum wage increase affect them? The only light at the end of the tunnel is that they are probably better placed to weather the storm than much of the competition (some of which will disappear) and maybe they can negotiate lower leasing costs. 2 years of pain?