Nice writeup. I have few concerns though, so please provide insights into below mentioned queries:
1. Their business is highly dependent on winter wear, though 50% sales come from cotton segment. Majority of their sales & profits are in third quarter (Current one).
2. Debt is increasing yearly, even though they have cash from IPO, which can be used to reduce debt.
3. Yes, they have good brand pull, but majority of sales comes from institutional demand where profit margins are less. (In my company, dress is mandatory, we get monte carlo sweaters every year as part of dress)
Cheers!
| Subscribe To Our Free Newsletter |
