Franklin Covey: What I'm Looking For In Q2 Earnings

Despite the recent fundamental declines, I believe Franklin Covey remains structurally attractive with material untapped TAM despite that should prevail past recent weakness. I'll be watching for continued sales momentum as reflected in Q1, continued new logo growth generation, SG&A levels, guidance, and capital allocation (particularly share repurchases). Despite the price run-up in recent weeks, I still believe FC offers an attractive IRR.