A Cheap Stock for Expensive Fashion

New Boot Goofin'?

Today I’m going to be writing about a company with a $110 million market cap and an enterprise value of just $87 million. Looking in the rearview mirror to 2015, this company hasn’t had a net loss or operating loss except for 2020. This company sells its products to the military as well as to normal consumers and has recently been working to expand their military product lines towards the civilian market. This company also has a history of paying out special dividends when they sell off assets and has a purchase sales agreement for the sale of 168 acres of undeveloped land in Berkeley County, South Carolina for $1,760,000 on or before April 30, 2025. I’m currently waiting on a press release regarding that sale to drop any minute. If that sale goes through I believe a dividend could be in store for share holders.

This company is so far experiencing a slump in their earnings as compared to last year. This company has a long history of pulling through tough times though and it’s remained profitable while doing it. This slump we’re seeing in the company’s sales as people pull back on discretionary spending may provide a runway for generating some handsome returns in the future.