and the RATS, take another one in the.........HA ha!!!
Yea can’t believe they were this stupid!! Sporting Goods includes guns, now they just lost their best supplier of shotguns, in my opinion and others. Oh they a dead duck in the water.
They will become a GAP or Old Navy type crap store on their rapid ride to bankruptcy.
Over the weekend, I read a piece that someone suggested this was intentionally done...selling the board or company leadership into this stupid mistake....to downprice the company, and it would be under-priced enough that someone could buy it by summer of 2019 for a quarter of the value today.
Now I admit....that’s awful stupid. But I’ve seen companies pretend they had great profit and numbers when they didn’t....and achieved a handsome profit for a lousy company. I could imagine someone in the top chain convincing everyone on the board to buy into this, and have the next owner lined up to buy it.
Up until this point, they had a fair amount of business.