EricNau
Moderator emeritus
Seasought said:No. It's referring to a company 'moving into the black' which from what I understand refers to a color code that means profit (hazy memory due to late hour sorry).
Correct, red numbers mean they are in debt, black mean the company is in profit. And this day, the start of the 'shopping season' usually brings companies out of the red, and into the black.