SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Bob Rudd who wrote (22206)10/7/2005 5:19:58 PM
From: Paul Senior  Respond to of 78717
 
Right, Bob Rudd. That's what I meant to say: RML is a supplier to WMT, and WMT will be cutting back purchases from RML - apparently only though as regards a particular product line (boys' clothes), which is a small percentage of RML's overall sales.

I hope that's all that WMT will be dropping from RSL. (assuming here that both companies have, and want to continue, a profitable customer/supplier relationship)

I'm not concerned with cash flow here. (Perhaps I should be.) I assume that sales are down due to hurricanes damaging RSL's goods for delivery as well as distribution facilities, and I expect cash flow will be diminished too. My bet is that sales and p/sales will return to normal levels at some reasonable point in future.