What happened to shoot first, ask questions later?

The more I dive into this retail bit, the more it becomes apparent the industry will have its CTJ during this back-to-school season as it grapples with the idea of passing on HSD/LDD price increases. It seems a foregone conclusion to many folks that unless these price increases stick, retailer margins are about to nosedive. Last I looked, Consensus estimates do not expect lower retailer margins in the coming quarters. Last I looked, people weren’t getting raises (though they don’t seem to be getting laid off as much these days). That equals uncertainty to me, but these stocks are still ripping to new all-time multiple and stock price highs.

Just wandering about musing.

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