If you can't sell your items, you don't own them.
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While Best Buy's CEO complains about Taylor Swift, 'Barbenheimer', & 'funflation' hurting sales, GameStop has Apes holding down the balance sheet in an economy facing headwinds and rallying around 'Oppencohen'!
Non-paywalled: https://finance.yahoo.com/news/best-buy-ceo-blames-taylor-170000068.html
โโFunflation,โ Taylor Swiftโฆ those experiences are really where people are willing to pay,โ said Best Buy CEO Corie Barry at Fortuneโs Most Powerful Women summit last week. โ[B]igger ticket items in electronics are not right now where people are interested.
"Every company is a company. However, on rare occasion, some companies become movements."
Every company is a company. However, on rare occasion, some companies become movements. The company ends up standing for something much larger and more significant than itself. These companies break the traditional paradigm - they can play chess when everyone else plays checkers.
-Larry Cheng
Matt Furlong 3/21/23: "We found efficient ways to improve shipping times" "as we streamlined operations and cultivated a fast-paced intense operating environment geared toward cost containment, efficiency and profitability."
Orders shipped less than 30 minutes after ordering? BULLISH!
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