Apr. 9 at 2:43 AM
$GIS Just pitiful. After 4 years the share price dropping, growth clearly gone. Revenue fell 7% in a year while they are closing 3 manufacturing plants to cut costs. 8% YOY last quarter = falling faster. Selling brands off, no insider buying, only insider selling. I guess it's better to be as orderly as possible when taking a company apart like this. They also wasted some serious dollars on buy backs in the past. Now, with the share price low, and sales faltering they don't have the cash flow and the dividend will be reduced soon. The latest from analysts, reduce, expectations lowered, sell ratings stacked up, targets about to fall under 30.
