Either way, we view this as a positive, as this business will either be turned around or disposed of.

259

We are encouraged by the better-than-expected (comparable-store sales) ... but we note that high promotional activity will likely continue to pressure merchandise margins.

213

There's obviously a lot of opportunity in Asia. It helps their global presence, but is not going to move the needle. The real core issue for the investment community is less about international and more what is going on domestically for the entire brand and company.

115