While there is no clear reason that NAKD is soaring in the market like it is today, there are plenty of very good reasons to consider the stock an opportunity. At the end of the day, we’re talking about a stock that has been battered in the market for some time.
This beating has brought the company’s valuation into heavily discounted territory. At the same time, the company continues to grow its footprint in the all-important eTail space while maintaining strong growth in other sectors of the business.
Moreover, as the company continues to reshape the idea of successful brick and mortar locations, and do so at costs that others can’t compete with, the opportunity is only growing!
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