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Q: Are companies with low profit margins bad investments? – C.R., Vineland, Colo. A: Not necessarily. Fat profit margins are generally preferable, as they often reflect competitive advantages (such as a strong brand that commands a higher price). Still, you needn't avoid lower-margin businesses. Instead, look at the whole picture. Imagine, for example, that the Laverne Brewery Inc. (ticker: DEFAZ) has a whopping net profit margin of 25%, while Shirley Beer Co. (ticker: FEENY) has just a 2% margin. But if Laverne sells only three cases of beer a year, while Shirley sells thousands, Shirley i...

In July 2019, Golden Russet Cafe & Grocery opened as a small, cozy breakfast-and-lunch joint with a selection of pantry staples from flour and sugar to local eggs and milk. The short, affordable menu is made up of familiar comfort food selections, what Jenny calls, “really good iterations of the classics.” Cheeseburgers, fried chicken, breakfast sandwiches, turkey melts, and the like. “It’s simple, wholesome food that is approachable and priced fairly for the quality, the quantity, and the fact that everything is handmade,” Jenny says. “We wanted to continue to appeal to ...

0shares Legal restrictions make owning and using an old rifle harder than ever, but Diggory Hadoke explains how vintage can still be viable The .577 Nitro Express inspires confidence when big beasts are the target Credit: Paul Quagliana There are historical and legal reasons for the decline in interest in vintage rifles in this country. When I was a child, to have a modest collection of sporting and military rifles was not an uncommon thing for a country gentleman. My father had only a passing interest, but owned more than a dozen. My primary school headmaster had more than 100. I kn...