- Fair, 4q08 revenue up 15%, EPS up 14.3%
- Good, 2008 revenue up 11%, EPS up 14.5%
- Fair, retail store network up 12%
- Bad, During the year, SC rise debt by $400M
In weak economy, SC's result is awesome, but since the stock price remain quite high compare to others.
Shopper need to rise debt in order to keep its store network growth in 10-11% in future, also, I still want to wait till I see how bad the Canada economy will be before I make a decision to invest in SC.
For now, I will give SC a HOLD.
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