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Last edited 2 years ago
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#Signs of Trouble?
stale
Added 2 years ago

I noted that a family member commented that at one of Mosaic brands stores they got a great deal where everything in store was $25 or less. This meant significant discounting, often over 50%. Looking at websites of many of the other brand's owned by Mosaic, it appears there are similar deals on a broad range of items. If this were Boxing Day, the level of discount would make sense, but this is occurring the week before Christmas?? Unless this is their standard practice for encouraging sales, I am wondering if something is significantly wrong? Do they need to raise cash quickly or have way too much inventory?

I had previously had a quick look at Mosaic Brands. I concluded, if this doesn't go under then with just a small improvement in the long-term outlook it could be considered cheap. However, I thought the risk of going under is real and significant discounting before the Boxing Day sales wouldn't give me any positive signs if I was a holder... Hopefully, I'm completely wrong...