Sofa so good

Graham_Devon

MacMickster wrote: »

I'm confused. How can DFS increase their sales unless we increase the number of days in the year? Their sales last all year round already.

Anyway, aren't they generally known as the Duff Furniture Store?

They now do double discount sales, with 10% extra off everything, for a limitied time only (26 years). ...or something like that anyway!

Presumably they see this as more than just one sale item. I got my first sofa from them. To be fair, for the price I paid, it's ok. But it's "RRP" was apprently 500% more than what I actually paid. This made it a completely unjustifiable price. I saw sofa's in there with an RRP of 6k, on sale for £999.

Fella

Sales up & EBITDA up.

Warren Buffet's description of EBITDA was pretty decent. He just said "when anyone mentions EBITDA substitute the word Bullsh1t". Thus EBITDA earnings become Bullsh1t earnings & so on.

Always remember that comment whenever I see EBITDA earnings mentioned (which isn't often these days).