Quick Win By the Algorithm: SMRT Outlook Improves, Stock Rallies Past $1 Point
Quick Win by the Algorithm: SMRT
[Source: Flikr]
“We are encouraged by the sales trend we saw in February and early March driven by very strong regular-priced selling, particularly in our warm weather and resort markets where spring selling begins. These leading indicators give us confidence that comparable sales trends will dramatically improve in the first quarter as spring regular-price selling builds in other markets. With improved first quarter comparable sales, our gross profit expansion and continued expense control, we expect first-half operating income in excess of $8 million, most
