Our previous structure on Supreme ($FIRE) noted a decline in sales, growth in inventory, and pointed out what we saw as a rather heavy hand dipping into the SBC till. Still do. These financials are h read more

Our previous structure on Supreme ($FIRE) noted a decline in sales, growth in inventory, and pointed out what read more

Our last structure on Supreme was the first in quite awhile. The leverage and optionality they took on in years prior had worked to rangebound their stock, while aggressive SBC has made the company f read more

Our last structure on Supreme was the first in quite awhile. The leverage and optionality they took on in yea read more

One step forward, one step back. Last time we’d looked at $FIRE through a ‘Junk in the Trunk’ lens, share price degradation and successive (and aggressive) SBC strikes by management and earl read more

One step forward, one step back. Last time we’d looked at $FIRE through a ‘Junk in the Trunk’ lens, read more