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KeyBanc Capital Markets analyst Ed Yruma asks $OXM to categorize its overall inventory levels. CFO Scott Grassmyer says that about half of the inventory increase is coming from the addition of Southern Tide. Outside of Southern Tide, on a GAAP basis, the company is up 11% and on a FIFO basis, it is up 8%.
What will be an ideal EPS range for $PZZA in its earnings today?
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.