Hot Topic, in the midst of restructuring its merchandise strategy to appeal to a younger and more pop-culture-oriented market, also missed expectations, reporting a sales increase of 0.4%, under the 1.7% estimate.
And now, China's media strategy in Africa has taken a step further by providing customer-oriented news offerings and poaching some of the best journalistic talents to bring African news to the continent and to the world.
And our strategy here at MTB Investment Advisors is very much oriented towards looking for companies with superior business models that provide a firm foundation for long-term, sustainable growth.