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Non-Tech : The North Face (TNFI)

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To: J. M. who wrote (12)4/25/1997 5:45:00 PM
From: Bollmonster   of 236
 
J.M.,

You're right. 4 cents above estimates. Margins increased way above estimates, to about 44%, I believe. They cited stronger than expected Tekware sales and already increasing Summit Shop sales. TNFI added 15 more Summit Shops to this year's opening schedule. 63 or so are open already, and they expect to open most of the rest before the end of Q2.

The analysts' statements were very bullish, and I agree. I really like this stock...unfortunately, all my funds are tied up elsewhere for now.

Another good fact:
With five weeks left in the ordering season, orders are already 20% above last year's numbers. Some analysts were only expecting a 22% rise overall.

All in all, TNFI seems poised to tromp this year, especially with the fallout the stock price has had.

Bollmonster
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