- Investors have celebrated the company’s promising Q2 results, most of it driven by their adoption of the off-price strategy.
- As the results of this strategy are positive, management is now going all in, converting all its stores to off-price stores.
- With the guided positive cash flow, bankruptcy risks would diminish considerably, but the company still has a long road ahead.
- It’s for those investors that like these kind of high-risk, high-return turnaround situations.
Turnaround At Stage Stores Is Getting Traction
October 15th, 2019 · No Comments