HedgeyeRetail Visual: CRI Coincidence?

CRI pulled its disclosure on wholesale pricing trends this quarter for “competitive reasons.” We don’t buy it – It’s no coincidence that they’ve added opacity here just as they comp against last year’s price increases…

CRI remains one of our top shorts following this morning’s print where it showed early signs of tail weakness.

See our quick take and follow up reports for additional detail:

"CRI: First Chink in the Armor"

"CRI: 2Q Report Card"

HedgeyeRetail Visual: CRI Coincidence? - CRI COTD