The Company is a specialty retailer of home appliances and consumer electronics. It sells home appliances, consumer electronics, home office equipment, lawn and garden products, mattresses and furniture.
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This stock is way oversold. They've already come out and said their quarterly revenue increased 2%. I suppose the knock was the decrease in same store sales but most of that can be attributed to hurricane Ike. Also, this is a regional player..mainly in Texas with some stores in La an Oklahoma. These areas haven't been nearly as hard hit by the 'credit crisis' as other areas. They are still a relatively small player an are growing. This stock is both a great value play and a great growth play.