Beat the Street?
It was all explained to me a decade ago by well-known SBSer and SMB Nation member Bob Hood from Chicago, IL. Loosely translated he indicated many a wise person has gone to their grave trying to “beat the street” in investor parlance. Yet it seems that Harrisburg, PA-based D&H Distributing has done exactly that according to its most recent quarterly report. Because D&H Distributing in privately held, it doesn’t file standard reports like a 10K statement so it’s a bit difficult to confirm its growth; it doesn’t report revenues or earnings. But taken at face value, here is what I know about D&H’s success in beating the street.