Brayden Dennis

But...

I digress.

I just thought it was hilarious that management was like, just, yeah, it's not really a sample size.

Like it's, I mean, one to me is not a sample size.

Get to like 15 or 20 with some good results and then we can start talking.

But they also have, to be fair, stores across 41 US states.

And despite the amazing quarter, it's really, I think the...

2026 guidance that raised some question marks from investors and to be fair as well it is up around i think seven percent today roughly that i'm seeing right now yeah it rebounded quite a bit yeah i mean yeah i mean it's down a lot more rebounding it needs a lot more but

Exactly, but it still rebounded a little bit today.

So comparable store sales in terms of guidance and revenue growth remain unchanged for 2026.

They lowered the guidance of the amount of net new stores they anticipate to open in 2026.

I think that cost...

investors a little bit off guard and they slightly increased their ebitda margin guidance for 2026 but the increase was very small and was essentially just tightening the range and i think it really comes down to this and tell me if you agree or not but it really raises the question about the quarter being a one-off because as amazing as this quarter was you're still looking at comparable sales in their guidance to only increase between 11 and 14 for the years so that remained unchanged so

You could, it's hard to not think this was just a one-off quarter.

If the company itself is not adjusting in guidance, if it's a sign of things to come, then you would think that they would have increased that comparable sales guidance and their overall guidance would be much higher.

Yeah, it was trading a very high premium for at least a clothing company.

Yeah, that's my best...

Yeah, that's my best estimate.

I mean, I can see like that's my best guess whether it fell off that much.

And for joint TCI subscribers, I'm just showing the revenue growth percentage.