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The Company is a national distributor and direct marketer of maintenance, repair and operations, or MRO, products.
This stock has been beaten up by the housing crunch but maintains several large customers. I believe the company will outperform the market due to rising raw materials costs which transfer to higher retail prices raising gross income. As the market slows near the bottom and consumers are still wary this is the time to jump on this stock.
Their profit margin/mark-up is one of the highest in the distribution field. Profits are guaranteed.
They know they need to clean up their act. And they are working on it. Lingerie will always be around, and with the diverse products they offer (bath, to shoes, to bags and accessories, etc) I don't think they will be going away anytime soon.
depends on next quarter june 2008
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