CSS Industries: Uncertain Future

  • Another victim of the retail onslaught and it’s difficult to escape the negative backdrop of declining store traffic.
  • Management is betting on M&A, a digital strategy and cost cutting, and all three are likely to bring a modicum of success, but whether it’s enough remains to be seen.
  • They do have considerable time to execute these plans and the company has deleveraged quite a bit and still pays a hefty dividend.

Source: CSS Industries: Uncertain Future – CSS Industries Inc. (NYSE:CSS) | Seeking Alpha