ACLazyPiggy

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Markets Allocation
100 % stocks
Top Mentioned Symbols
GPS 100% | 1
ACLazyPiggy ACLazyPiggy GPS, D, Short , 11 months ago
GPS: GAP INC is another retailer in the bear market
19 0 0
GPS, D Short
GAP INC is another retailer in the bear market
Sales productivity today (blended) is in excess of $400/foot. In past recessions it's dropped down closer to $360/foot. And on a go-forward basis, with increasing competition from Uniqlo, H&M, and not to mention little ol' Primark, we think that GPS is just structurally unable to compete -- especially at a 12%+ ...
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